CIMB Islamic Bank Bhd senior managing director and deputy chief executive officer Mohamad Safri Shahul Hamid said after the relaxation of the MCO on May 9, the market saw a flurry of sukuk issuers into the market especially in the ringgit space and even the global space such as in Dubai and other Gulf Cooperation Council (GCC) countries.
KUALA LUMPUR: Malaysia's Islamic capital market is starting to see a flurry of activities in the sukuk and equity capital market and is expected to be busy from June to August this year.
CIMB Islamic Bank Bhd senior managing director and deputy chief executive officer Mohamad Safri Shahul Hamid said the capital market has been quite stagnant in the past three months following the movement control order (MCO) in mid-March to contain the spread of the COVID-19 pandemic.
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