SINGAPORE: Global offerings of sukuk are off to their busiest start on record this year, with bankers at HSBC Holdings Plc and Deutsche Bank AG citing the high price of oil as a driver of the vibrant issuance.
Sales of new sukuk maturing in at least a year have touched nearly US$24bil (RM100.9bil) so far in 2022, the best start to any year, according to Bloomberg-compiled data going back to 1999.
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