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
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