Malaysia's successful sukuk an endorsement of country's strong fundamentals, say analysts

KUALA LUMPUR: The success of Malaysia's US$1.5 billion sukuk issuance, after a lapse of almost four years, has drawn positive response from international investors who have reaffirmed their confidence in the country's long-term economic fundamentals, analysts said today.

In brushing off negative criticisms on the economy, they concurred that sceptics were losing out on investment opportunities abound in Malaysia when the reality is that foreign appetite for Malaysia's financial instruments, including Islamic bonds, remained strong.