Sukuk issuance falls as growth seen easing

Posted by on Jul 24th, 2013 and filed under ASIA, Islamic Finance. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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).

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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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