BANK Negara governor Tan Sri Dr Zeti Akhtar Aziz believes Malaysia’s success in launching the world’s first Islamic sovereign Sukuk issue of US$600mil through the Labuan International Offshore Financial Centre (IOFC) could be replicated soon by other Islamic sovereign states.
“We should see some Islamic-based papers coming on later this year,” Dr Zeti said, adding that some of these issues could also be Malaysian sovereigns. However, she did not elaborate.
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