Within the realm of Islamic finance, sukuk remains one of the most developed and more successful products that has earned the view by specialists as a vibrant and permanent funding source for borrowers from both the conventional and Islamic disciplines.
As Bank Negara’s governor, Tan Sri Dato’ Sri Dr Zeti Ahktar Aziz, stated in the welcoming address at this week’s Global Islamic Finance Forum in Kuala Lumpur, “the sukuk epitomises the very ingenuity in Islamic finance”.
“On the supply side it has drawn the participation from corporations, sovereigns and multilateral agencies. On the demand side, it has now become part of mainstream asset allocation strategies for investors seeking greater risk diversification,” he stated....
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