Global sukuk market resumed positive strides in 2016 after three years of consecutive decline

March 2017 / Jamadilakhir 1438H Global sukuk market resumed positive strides in 2016 after three years of consecutive decline following its peak in 2012. Along with its rebound, the sukuk market also witnessed an important shift where corporate issuers dominated the market in 2016 with USD47.3 billion volume of issuance, representing a share of 63.2%. This is in contrast to historical trends where issuance was driven largely by sovereigns. OTHER HIGHLIGHTS: BIMB Investment Launches BIMB-Arabesque Malaysia Shariah-ESG Equity Fund Sustainable Performance Through Artificial Intelligence Technology, Integrating Shariah & ESG Values BIMB Investment Management Berhad continues its partnership with global asset manager, Arabesque Asset Management Holding Ltd, UK to launch the BIMB-Arabesque Malaysia Shariah-ESG Equity Fund; a Shariah and Environmental, Social and Governance compliant fund that invests in Malaysian listed companies using artificial intelligence technology. READ MORE HERE INCEIF Strengthens Collaboration with University of Reading Malaysia INCEIF signed a Memorandum of Understanding with University of Reading Malaysia (UoRM). The MoU paves the way for INCEIF to work with the University’s Henley Business School to offer UoRM’s MSc Investment Banking and Islamic Finance to students with INCEIF’s Professional Certificate in Islamic Finance, specialising in Islamic Capital Market. READ MORE HERE Please log on to www.mifc.com or call +603 26923481 for more information. Copyright © 2017 Bank Negara Malaysia. All rights reserved. DISCLAIMER: The copyright and any other rights in the selection, coordination, arrangement and enhancement of the information in this electronic newsletter are owned by Bank Negara Malaysia. No part of this electronic newsletter may be modified, reproduced or published without prior permission in writing from Bank Negara Malaysia and the relevant copyright owner. Although every effort has been made to ensure the timeliness, accuracy, adequacy and completeness of this electronic newsletter, Bank Negara Malaysia accepts no responsibility or liability for errors or omissions, if any. The information contained in this electronic newsletter is only up-to-date at the time of transmission, and is not exhaustive and may be updated from time to time on the website: www.mifc.com. Bank Negara Malaysia shall not be liable for loss or damage caused by viruses transmitted by this electronic newsletter. Bank Negara Malaysia is not responsible for any unauthorised changes made to the information in this electronic newsletter or for the effect of such changes. Bank Negara Malaysia appreciates any feedback or suggestions for improvement.