Last year, global sukuk issuance was just shy of $30 billion, and $8.6 billion of that was listed on Bursa Malaysia. In other words, the Malaysian exchange accounted for nearly one-third of global issuance.
And 2010 was a good year for the sukuk market, as the $30 billion raised globally was an increase of approximately 20% from the previous year and a two-fold increase from $15 billion in 2008.
Some of the notable listings in 2010 include Sime Darby’s M$4.5 billion $1.46 billion Musyarakah sukuk the government of Malaysia’s $1.25 billion global sukuk Al-Ijarah and the Islamic Development Bank’s $3.5 billion sukuk. The total value of the sukuk programme listed on Bursa...
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