null Rating outlook for sukuk remains challenging due to Covid-19, low oil prices
Rating outlook for sukuk remains challenging due to Covid-19, low oil prices
20 Jan 2021 | Wednesday Source: The Malaysian Reserve
Malaysia's sukuk market issuances are expected to fall this year as the uncertainty caused by the Covid-19 pandemic has led companies to be more cautious, according to RAM Rating Services Bhd.
The rating firm forecasts issuance of private debt securities (PDS) to hit RM100 billion-RM110 billion, comprising quasi-government and corporate bond issuances.