Sukuk hits $100bn in 2013, as WIEF lauds UK plan

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Sukuk hits $100bn in 2013, as WIEF lauds UK plan

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The sukuk market saw its second big landmark of the week on Wednesday as global issuance in 2013 passed $100bn, with Malaysia completing a MR3bn ($953.5m) sale. This came just a day after the UK government wowed the World Islamic Economic Forum – held in a non-Muslim country for the first time – by announcing plans to issue a debut sovereign sukuk next year.

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