Malaysia set to attract more demand for sukuk

BIX manager Ahmad Al Izham Izadin said that there were huge opportunities for Malaysia to leverage this ambitious plan, serving not just Muslim countries but also non-Muslim countries seeking Islamic financing.(File pic shows the bix logo at an exhibition booth in Kuala Lumpur recently.)

KUALA LUMPUR: Being the world's biggest sukuk issuer, Malaysia is set to attract more demand for syariah-compliant bond worldwide via an initiative taken by the Qatar Financial Centre (QFC) to serve the US$2 trillion global Islamic finance market, said the Bond and Sukuk Information Exchange (BIX Malaysia).

BIX manager Ahmad Al Izham Izadin said that there were huge opportunities for Malaysia to leverage this ambitious plan, serving not just Muslim countries but also non-Muslim countries seeking Islamic financing.