Malaysia to Continue Leading the Global Sukuk Market in 2021: Moody’s Investors Service

Moody’s Investors Service (Moody’s) has reported that Malaysia will continue its lead on the global Islamic financial market with regards to Sukuk issuance in 2021. Whilst Moody’s forecasts global Sukuk issuance to grow to between USD 190-200 billion in 2020, (compared to USD 205 billion in 2020), it expects Malaysia to bring in a ‘fairly sizeable’ Sukuk volume.

In 2020, Malaysia's total Sukuk issuances amounted to USD 65.6 billion, accounting for 32% of global Sukuk issuances.

Why it matters?

Speaking at Moody's cross-region Islamic finance outlook held on the 23rd of February 2021, Moody’s Vice President-Senior Analyst, Ashraf Madani said that the Government of Malaysia is continuing to invest in the Isl...