Sukuk issuance falls as growth seen easing

Sukuk issuance fell in pre-Ramadan June and growth momentum is expected to ease in the coming months after yields surged to a 25-month high, says the Malaysia Islamic Financial Centre (MIFC). The primary sukuk market this year has outpaced the previous year every month since January 2013, except June, which saw a noticeable slow down, says MIFC’s second-quarter report. Momentum is expected ease as investors weigh US monetary policies in the coming months.

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