Global sukuk issuance next year may surpass 2007’s record US$34bil

The last few issuances had been oversubscribed and a similar trend was expected next year.
Amanie president and chief executive officer Dr Mohd Daud Bakar said elements of structured products were now being incorporated into sukuk as it helped render capital projection and certainty of return to investors.
Organised by Amanie, the Securities Commission and Bursa Malaysia, the International Syariah Investment Convention will be held from Nov 30 to Dec 1 in Kuala Lumpur.