Moody’s: Malaysia continues to dominate the sukuk market in Southeast Asia

Malaysia is expected to continue to dominate global sukuk issuance with activity primarily denominated in local currency, according to a report by Moody’s Investors Service yesterday.

Moody’s VP-senior analyst Ashraf Madani said Malaysia remains the largest contributor with issuances up 15% at US$37.5 billion in the first half of 2021 (1H21) compared to 1H20.

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