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S&P expects global sukuk issuance to rise further in 2021

KUALA LUMPUR (March 9): S&P Global Ratings expects the global sukuk issuance to increase to US$140 billion-US$155 billion (US$1=RM4.11) this year compared with US$139.8 billion in 2020.  Global head of Islamic finance Dr Mohamed Damak said the credit rating agency expected some sovereigns in the core Islamic finance countries to tap into the sukuk market more aggressively in 2021. “Corporate activity was muted in 2020, as they deferred capital expenditure (capex) because of the pandemic. “They are likely to execute some of this capex in 2021, thereby necessitating access to capital markets,” he said at the 16th Kuala Lumpur Islamic Finance Forum held virtually today.

Covid-19 patients must remain optimistic, get closer to Allah

22 Jan 2021 / 14:55 H. KUALA LUMPUR: Minister in the Prime Minister’s Department (Religious Affairs) Datuk Seri Dr Zulkifli Mohamad Al-Bakri ( pix) reminded Covid-19 patients to remain optimistic and not to feel isolated or depressed while receiving treatment. Zulkifli, who underwent treatment for the virus at Tuanku Jaafar Hospital, Seremban after tested positive for Covid-19 on Oct 4 last year also advised patients to look for the positive and fill their free time as best as possible by getting closer to Allah and do plenty of reading. “Our biggest test is when we are hit by a disaster like this. The first thing we should do as a Muslim is to always feel humble and be more patient,” he said in a posting on his Facebook page.

Be optimistic, get closer to Allah, minister Zulkifli reminds Covid-19 patients | Malaysia

Friday, 22 Jan 2021 04:12 PM MYT Datuk Seri Zulkifli Mohamad Al-Bakri says Covid-19 patients must remain optimistic and fulfil their free time as best as possible by getting closer to Allah and plenty of reading. Picture by Shafwan Zaidon Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 22 ― Minister in the Prime Minister s Department (Religious Affairs) Datuk Seri Zulkifli Mohamad Al-Bakri reminded Covid-19 patients to remain optimistic and not to feel isolated or depressed while receiving treatment. Zulkifli, who underwent treatment for the virus at Tuanku Jaafar Hospital, Seremban after testing positive for Covid-19 on October 4 last year, said patients must remain optimistic and fulfil their free time as best as possible by getting closer to Allah and plenty of reading.

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