Bond Pricing Agency Malaysia Sdn Bhd (BPAM) is proud to announce the launch of the Malaysian Sukuk Almanac 2025 (the “Sukuk Almanac”), a dedicated sukuk-focused publication introduced to complement BPAM’s flagship Almanac series. The Sukuk Almanac presents a consolidated view of Malaysia’s Ringgit-denominated sukuk market for the year ended 31 December 2025, featuring market commentary, league tables and detailed listings of outstanding government and corporate sukuk.

As the world’s largest sukuk market, Malaysia continues to demonstrate strong resilience and growing sophistication in Islamic finance, supported by a deep and diversified issuer base and sustained investor confidence. The publication provides a focused and granular view of the sukuk segment, reflecting its central role in Malaysia’s corporate funding landscape and its alignment with sustainability and ESG objectives. Through this dedicated reference, BPAM aims to support greater market transparency and reinforce Malaysia’s position as a global leader in Shariah-compliant finance.

The Global Forum on Islamic Economics and Finance (GFIEF), officiated by the Prime Minister of Malaysia YAB Dato’ Seri Anwar Ibrahim, aims to unlock the transformative power of Islamic economics and finance in fostering shared prosperity and equity.

The two-day main forum GFIEF facilitated deep policy action discussions and showcased innovative solutions grounded in Islamic economics and finance principles to tackle global challenges. In addition, side events and exhibitions were organised throughout the week to support pertinent areas, including climate resilience, financial stability, sustainability reporting, social finance and Shariah.

New issuance of bonds and sukuk continued its growth momentum from MYR435.1 billion in 2022 to MYR547.5 billion in 2023. The uptick in issuance for new capital reflects the general level of confidence in the country. This further solidifies the Malaysian bond and sukuk market as a primary capital raising conduit for businesses.

Malaysia leads in sustainable and responsible investing (SRI) sukuk issuance among the ASEAN6 countries, accounting for US$3.9 billion of issuance value or 56% of the total ASEAN SRI sukuk issuance, as of November 2021.

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Despite the economic challenges wrought by the coronavirus pandemic, the global sukuk market recorded a 21.2% y-o-y increase in issuance to USD42.3 bil in 1Q 2021 (1Q 2020: USD34.9 bil). Malaysia led global sukuk issuance with a 42.4% market share (USD17.9 bil) in 1Q 2021, followed by Saudi Arabia (30.6% or USD12.9 bil), Indonesia (16.5% or USD7.0 bil), Turkey (5.4% or USD2.2 bil) and Kuwait (2.8% or USD1.2 bil). Cumulatively, sukuk issues from these five countries accounted for 97.7% of global issuance.

Year 2020 is finally behind us. It was an extraordinary year for many people. For the common people, lives were greatly affected by the Covid-19 pandemic. For bond market investors, the gains from the bond market were nothing short of eye-catching. The Ringgit bond market performance as measured by the benchmark RF BPAM All Bond index, rose 6.86% to end the year at 188.887 point from 176.759 point a year ago. However, in terms of percentage, it had not surpassed the previous year gains of 8.72%, considering the fact that year 2020 was more volatile in nature. Investors were in panic selling mode in the early part of the year due to the Movement Control Order (MCO) but slowly and eventually regained its composure when Bank Negara Malaysia (BNM) stepped in to lower the Overnight Policy Rate (OPR) to record lows of 1.75% from 3.00% over the course of the year.

MITI's Recollective Global Edition highlights Malaysia's competitiveness as a trade and investment hub for the world. In this issue, the e-magazine showcases Malaysia's strengths in halal, which is fast-emerging as a high-value industry.

Malaysia Digital Economy Corporation and IFN recently released the Islamic Fintech & Digital Financial Inclusion Report.

Countries worldwide have already taken measures and actions towards this. Some are already relying significantly on renewable energy (RE) and many have enforced energy efficiency (EE) measures. The need for RE and EE measures makes environmental sense as well as good economic sense in the long run. INCEIF in collaboration with CIMB have produced a report entitled "Renewable Energy and Energy Efficiency Policy and Financing: A Global Benchmarking with Focus on South East Asia and China".