With strong performance seen in 2012 and an optimistic outlook on the horizon for 2013, Malaysia will continue to dominate the global sukuk market with various issuances to mainly fund infrastructure development within the country.
Besides the PLUS issuance, RAM Ratings Services Bhd (RAM) in a special report on the subject said regular issues were made by the Malaysian government and central bank, amounting to a total of US$63 billion. “Overall, Malaysia issued US$97.1 billion of sukuk last year, accounting for 69.7 per cent of the total,” it said. “As with the global scene, Malaysian sukuk issuances have hit a record high...............................................Full Article: Source
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