Malaysia’s corporate Sukuk market has abandoned the blocks in 2012, shows the data collated by Zawya’s Sukuk monitor. The data added that $5.6bn of corporate Sukuk were issued in 2011, a shade behind the $6.4bn of corporate Sukuk issued in 2010 but surpassing the $2.5bn issued in 2009.
The vibrancy of the corporate Sukuk market in Malaysia has been split into an active and well-subscribed sovereign and quasi-sovereign market. Coupled with the efforts of the government of Malaysia and the governor of the Central Bank, Dr Zeti Akhtar Aziz, has seen Malaysia become the prime global Sukuk market.