09.02.2012 - Malaysia 'poster child' for bond market
Despite the shaky prospects of the global economy, Standard & Poor's Ratings Services maintains a strong outlook for Malaysia's bond market, reflecting positive bond market developments, ongoing growth in Islamic finance and steady macroeconomic fundamentals in the country. It said Malaysia's bond market stands out by becoming the Islamic finance centre for Asia with smart regulations and a growing ecosystem around Islamic finance. "About 70 per cent of Malaysia's domestic debt issuance is in the form of sukuks, making it the world's largest Islamic bond market, with over 60 per cent of the global sukuk issuances originating from Malaysia, it said in a statement...............................................Full Article: Source
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