EPICENTRE - Global Sukuk Report 1Q 2015

May 2015 /  Rejab 1436H As the global sukuk market is closely tied to sentiment in the global economic and financial sector and, as most sukuk issuing countries are among the world’s leading oil producers, the decline in oil prices has been a notable factor effecting the sukuk market. Concerns on exchange rate volatility in emerging markets has been another key market driver in 1Q2015. However, this decline in sukuk issuances is likely to be temporary, as economies adjust to lower oil prices, and sukuk is expected to maintain its status as a viable and competitive source of funding. OTHER HIGHLIGHTS: Maybank Islamic Asset Management launches Islamic equity fund Maybank Islamic Asset Management launched the Islamic equity fund under ASEAN passport framework in the country. Known as the Maybank Bosera Greater China ASEAN Equity-I Fund, it aims to tap into the huge potential in the equity markets within the Greater China and ASEAN regions. READ MORE HERE INCEIF-MIFC Business Forum, 19th May 2015, Almaty, Kazakhstan INCEIF-MIFC Business Forum in conjunction with the 12th IFSB Summit will take place on 19th May 2015, from 11.00am to 1.00pm at Rixos Hotel, Almaty, Kazakhstan. Themed “Internationalisation of Islamic Finance”, this event brings together panelists from various international organisations to discuss on Islamic finance as an alternative financing solution and provide valuable insights on how Islamic finance can support the funding gaps in the region. READ MORE HERE Please log on to www.mifc.com or call +603 26923481 for more information. Copyright © 2015 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.