Malaysian finance pursues a religious experience

Malaysia may not appear to be the most obvious hub for an Islamic financial centre but it boasts the world’s largest market in sukuk, or Islamic debt.

Malaysian finance pursues a religious experience

Malaysia may not appear at first glance to be the most logical hub for an Islamic financial centre, when you consider Indonesia and, of course, the Middle East but it boasts the world’s largest market in sukuk, or Islamic debt.

Furthermore, the Malaysian government has been determined for several years to demonstrate it can deliver fixed-income sophistication with religion. 

At the behest of the regulators, Malaysia’s sukuk market has grown,...

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