IslamicFinance.de

Sarawak Energy Bhd (SEB) plans to issue up to RM15 billion in Islamic debt notes.
RAM Rating Services Bhd revealed that SEB had proposed the Sukuk Musyarakah programme of up to RM15 billion. RAM Ratings said SEB’s generating capacity is set to triple within a relatively short time.

It seems that Malaysia has a real succes in the takaful industry as it advanced from a sector with a single player with limited basic products to a viable sector that has been integrated into the mainstream financial system.
Zakariya Othman told RAM Rating Services Bhd that the main support of this success is the Government.