MSC Sukuk guidelines raise a few eyebrows
Malaysia's Securities Commission has launched revised Sukuk guidelines that it says will streamline the approval process and time-to-market for Sukuk issuances. The revisions take place beginning with August 12.
The MSC called for greater transparency and disclosure to investors and it stated that the revisions now line up the Islamic capital market with the country's Capital Market Masterplan II, launched in April.
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