Moody’s: Malaysia a global leader in Islamic finance, topped sukuk issuance volume in 2017
KUALA LUMPUR (March 14): Malaysia continues to dominate global sukuk issuance volumes both in the long- and short-term market, according to Moody's Investors Service.
“In 2017, issuances by Malaysian corporates, financial institutions and the sovereigns represented 34% of total global issuances. Within Malaysia, we expect that sukuk issuance among Islamic financial institutions will grow 10% to 13% year-on-year (y-o-y) in 2018,” it said in a report on Islamic finance yesterday.
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