Tax incentives for Sukuk in Malaysia

Malaysia’s 2012 Budget is to provide incentives increases Islamic finance, extending tax breaks on Sukuk issuance for a further three-year period.
Prime Minister Datuk Seri Najib Tun Razak stated that a tax deduction on expenses incurred for Sukuk Wakala will be offered for a three-year period from 2012 to encourage more Sukuk launches.