epicentre November 2013 / Muharam 1435H

Rapid sell-offs of emerging market asset amid fears that the Federal Reserve would taper its Quantitative Easing (QE) programme led to a global decline in sukuk issuance. However, sovereign sukuk remained strong and it will continue to drive the growth of global sukuk market.

Other Highlights:
Islamic Finance: Financial Stability, Economic Growth and Development
Islamic Development Bank (IDB) Prize Lecture by Dr. Zeti Akhtar Aziz, Governor, Bank Negara Malaysia. The remarks focused on the relevance of Islamic finance in modern market economies, taking into account the knowledge about the vulnerabilities of finance, its causes and its wider economic ramifications.
Speech by Dato' Muhammad bin Ibrahim, Deputy Governor, Bank Negara Malaysia at the Insurance and Takaful Industry Annual Dinner 2013
The remarks focused on regulatory changes that have taken place in response to the changing operating environment.
Shariah Screening Methodology to Spur Greater Foreign Islamic Funds Inflow
The revision will potentially spur greater inflow of foreign Islamic funds into Malaysian Shariah-compliant equities, thus expanding the Islamic capital market's global reach, as outlined in the Capital Market Masterplan 2.
Please log on to www.mifc.com or call +603 26923481 for more information.
Copyright © 2013 Bank Negara Malaysia. All rights reserved.
DISCLAIMER :The copyright and any other rights in the selection, coordination, arrangement and enhancement of the information in this electronic newsletter are owned by Bank Negara Malaysia. No part of this electronic newsletter may be modified, reproduced or published without prior permission in writing from Bank Negara Malaysia and the relevant copyright owner. Although every effort has been made to ensure the timeliness, accuracy, adequacy and completeness of this electronic newsletter, Bank Negara Malaysia accepts no responsibility or liability for errors or omissions, if any. The information contained in this electronic newsletter is only up-to-date at the time of transmission, and is not exhaustive and may be updated from time to time on the website: www.mifc.com. Bank Negara Malaysia shall not be liable for loss or damage caused by viruses transmitted by this electronic newsletter. Bank Negara Malaysia is not responsible for any unauthorised changes made to the information in this electronic newsletter or for the effect of such changes. Bank Negara Malaysia appreciates any feedback or suggestions for improvement.