Because of the recent launch by Bank Negara Malaysia of its new Islamic monetary management instrument, the Bank Negara Monetary Notes-Istithmar (BNMN-Istithmar), the attention of the global Islamic capital market is once again on Malaysia.
It seems that at the same time, the Malaysian government has appointed the local Maybank Group, the CIMB Group, Citigroup and HSBC to lead arrange a third global sovereign US dollar sukuk offering.