Malaysia continues to lead global sukuk market

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR: Malaysia continues to lead the world sukuk market, accounting for 45% of total issuance, as the country celebrates the 40th anniversary ...

Malaysia continues to lead the world sukuk market, accounting for 45% of total issuance, as the country celebrates the 40th anniversary of Islamic banking this year.

“In terms of Islamic funds, Malaysia remains one of the top three countries in the world with more than 29% of total assets under management,” he said at the Kuala Lumpur Islamic Finance Forum today. The Malaysia’s Islamic finance system, he added, has evolved into a global model of excellence, encompassing banking, capital markets, and sukuk, which plays a pivotal role in the nation’s economic development and sustainability.

“All these efforts aim to make the Islamic finance system in Malaysia better and capable of maintaining Malaysia’s position as a global leader in Islamic business,” he remarked.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines