| 15.01.2013 - Sukuk rating now mandatory only in M'sia, but expected to grow with sukuk growth |
| Fitch Ratings says strong demand will ensure that sukuk issuance will grow in 2013, mainly in originator-backed (also called asset-based) sukuk structures. The sukuk market is growing rapidly. 2012 global sukuk issuances are expected to hit USD121b according to Thomson Reuters. This follows a strong year in 2011 where issuance was USD84.4bn, a 62% increase on 2010, according to Zawya Sukuk Monitor...............................................Full Article: Source |