Bursa Malaysia remained the top sukuk listing destination, with 19 listed totalling RM99.6 billion (US$31.7 billion) as at end-July, according to the 2012/2013 Economic Report released by the Finance Ministry.
management industry with the number of full-fledged Islamic fund management companies at 18 at end-July, it said.
The net asset value of Islamic unit trust funds at end-July stood at RM33 billion (RM28 billion at end 2011) and the Islamic wholesale funds at RM14 billion (RM7 billion at end-2011).
It said at end-July, 825 Syariah-compliant securities were listed on Bursa Malaysia, representing 89 per cent of the total listed securities with a market capitalisation of RM931 billion.
The report also said the Islamic banking business in the country will
continue to expand, with total assets growing 20.6 per cent to RM469.5 billion as at end-July, representing 24.2 per cent of the total banking system assets (end-2011: 24.1 per cent).
The Takaful industry assets have increased to RM18.3 billion at end-July against RM16.9 billion last year.
It accounted for nine per cent of the total insurance and takaful assets as compared with 8.6 per cent in the January to July period.
Read more: http://www.theborneopost.com/2012/09/28/malaysia-still-global-runaway-sukuk-leader/#ixzz27mQl8oDS