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Global sukuk record unlikely as 1Malaysia delays US$2.4b sale

Wednesday, December 10, 2014 - 05:50
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Mr Badlisyah attributes the cautious sentiment to the volatility in oil prices

Kuala Lumpur

GLOBAL Islamic bond sales look set to miss out on a record year after Malaysia's sovereign wealth fund postponed what would have been 2014's biggest offering. The top underwriter is also cautious over the coming year.

Issuance to date is US$2.1 billion shy of the

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