Influx of gulf funds viewed as temporary
The recent inflow of funds into the Malaysian sukuk market from the Gulf Cooperation Council (GCC) is temporary, fuelled by the build-up of investable funds in the GCC from the hike in crude oil prices amid the political upheaval in the Middle East and North Africa region.
Industry observers and analysts viewed the withdrawals of funds from the region and their inflows into the domestic sukuk market and other more stable ones would depend on the severity and duration of the region's ongoing political turmoil.
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