Tengku Zafrul: Malaysia leads global sukuk issuances in 2020, most tied to SRIs

Malaysia took the lead as the largest Sukuk market globally in 2020, with most of the issuances tied to the principles of Sustainable and Responsible Investments (SRIs), Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said.

Citing a report by the Malaysia International Islamic Finance Centre (MIFC), he said Malaysia accounted for more than 45 per cent of the world’s outstanding amount or approximately US$258 billion (RM1 trillion).

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