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Forefront of the islamic finance industry in the world

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Reference no: EM133073223

Malaysia continues to assert its position as a world leader in Islamic finance. Accounting for around 67% of global sukuk issuances, Malaysia is the largest sukuk issuer in the world. It is a pioneer in the Islamic finance industry, as the first country to issue sovereign sukuk in 2002 and to list an Islamic real estate trust (REIT) on its Stock Exchange in 2006.

Highlight the single biggest factor that has placed Malaysia at the forefront of the Islamic finance industry in the world?

Reference no: EM133073223

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