KUALA LUMPUR: Moody’s Investors Service expects Gulf Cooperation Council (GCC) countries and Malaysia to help drive growth in Shariah-compliant financial products though the Covid-19 coronavirus may disrupt sukuk issuance.
It said on Tuesday Islamic finance is set to keep expanding in 2020 and beyond but the downside risks are rising which could dissuade issuers to come to the market.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!