epicentre July 2013 / Ramadan 1434H
Epicentre
Epicentre
Sukuk issuances continue to grow with over USD26.6bln placed during the second quarter to bring the first half total to USD61.2bln. However momentum may wane as June issuances fall and sukuk yields surge to 25 month high. The global sukuk market has shown resilience this year given the volatility in global bond markets as market players react to positive economic growth prospects as well as concerns over monetary policy in the US, the world's largest bond market.
Epicentre
Other Highlights:
The inaugural issuance of Government Investment Issue (GII) under Murabahah contract
Bank Negara Malaysia on behalf of the Government of Malaysia, wishes to announce the inaugural issuance of Government Investment Issue (GII) under Murabahah contract on 22nd July 2013 with an issue size of RM4 billion.
 
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Islamic Financial Services Act 2013 comes into force
The regulatory and supervisory framework of Malaysia entered a new stage of development as the Financial Services Act 2013 (FSA) and Islamic Financial Services Act 2013 (IFSA) came into force on 30 June 2013.
 
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The Asset Triple A Islamic Finance Awards
The Asset Triple A Islamic Finance Awards took place on 3 July 2013 in Kuala Lumpur. Among the categories were Industry Leadership Awards, Best Islamic Finance Centre, Best Issuers and Best Banks, Best Islamic Finance Deals, and Best Islamic Finance Deal by Country.
 
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Bank of Tokyo-Mitsubishi UFJ (Malaysia) launches Islamic Financial Products
Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad (BTMU) launched four new Islamic Financing products, Istisna' Financing-i (ISF-i), Ijarah Financing-i (IJF-i), Standby Letter of Credit-i (SBLC-i), and Bank Guarantee-i (BG-i).
 
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