M’sia dominates global sukuk issuance mkt

In Malaysia on 14/04/2012 at 6:21 pm

It had 68.8% share of the US$84.4bn of sukuks issued (sukuk is a form of Islamic bond) in 2011  And Islamic banking assets make up around a quarter of the country’s total. Given Indonesia’s tiny share of this mkt (3.7%), and Indonesia’s growing stature as a major emerging economy in Asia and the world, the sukuk market can only grow, making KL a future major global centre along the lines of Zurich, Edinburgh, or Boston i.e. a global centre of one type or a related group financial products.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: