Malaysia urged to cement leadership as global sukuk tops US$1tri

The global sukuk market has surpassed US$1 trillion in outstanding debt by end-2025, with Malaysia playing a central role in its expansion as the largest contributor to the sector.

Islamic financial products, once viewed as a niche segment of global finance, have now firmly established themselves within the mainstream international financial system, said Ji Zhuang, Bloomberg head of indices for Asia Pacific.

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