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Malaysia dominates global sukuk markets in 2020, chalks up market share of 39.2pc | Malay Mail

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KUALA LUMPUR, April 1 — Malaysia continues to dominate global sukuk markets in 2020 with a market share of 39.2 per cent despite the impact of the pandemic on the global economy and economic sentiment. RAM Rating Services Bhd (RAM Ratings) revealed that global sukuk issuance rose 16.8 per cent to...

Thursday, 01 Apr 2021 07:12 PM MYTSubscribe to ourKUALA LUMPUR, April 1 — Malaysia continues to dominate global sukuk markets in 2020 with a market share of 39.2 per cent despite the impact of the pandemic on the global economy and economic sentiment.

The next biggest sukuk markets were Saudi Arabia and Indonesia . Collectively, these markets contributed 77.1 per cent of total global sukuk issuance,” it said in its latest Sukuk Snapshot report. RAM Ratings attributed the local economies growth to the supportive monetary policy and strong government spending.

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