06.02.2012 - Development of Malaysia’s bond market is still assured despite global turmoil
Malaysia has rapidly become the Islamic finance centre for Asia with smart regulation and a growing ecosystem around Islamic finance. Approximately 70% of Malaysia's domestic debt issuance is in the form of sukuks (financial certificates, similar to bonds, that are compliant with Islamic law), making it the world's largest Islamic bond market with over 60% of global sukuk issuance originating from Malaysia. The recent RM30bil sukuk by Projek Lebuhraya Usahasama Bhd is the largest sukuk issue globally and has set the market abuzz.............................................Full Article: Source
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