Malaysia's sovereign sukuk issuances down 19% in first eight months
KUALA LUMPUR (Dec 5): Malaysia saw long-term sovereign sukuk issuances decline by 19% to US$7.7 billion in the first eight months of this year, compared with US$9.5 billion a year ago, according to Moody’s Investors Service.
Despite Malaysia’s falling share of sovereign sukuk issuance, the international rating agency said it remains the largest Islamic issuer with an estimated 43% of total sovereign sukuk outstanding in 2016.
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