19.07.2011 - Significant potential for Shariah-compliant instruments, says Zeti
The favourable reception by the international market to Malaysia's recent Wakala global sukuk indicates significant potential for Shariah-compliant instruments, said Bank Negara Malaysia Governor, Tan Sri Dr Zeti Akhtar Aziz. "The RM2 billion sukuk was huge and oversubscribed 4.5 times. There is significant demand and potential for Shariah-compliant instruments," she said. She also said as the Wakala was large, the Malaysian government will not look at global sukuk for the time being but issue domestic ringgit denominated sukuk..............................................Full Article: Source
Print