Thumbs-up from S&P's and Fitch for global US$ sukuk trust certificates

KUALA LUMPUR: International rating agencies have given their thumbs up for Malaysia's proposed US dollar-denominated sovereign global sukuk trust certificates. Fitch Ratings has assigned an expected A- rating for the certificates to be issued by Malaysia Sukuk Global Bhd while Standard & Poor's Ratings Services assigned its preliminary 'A-' issue rating to the proposed US dollar-denominated Sukuk trust certificates to be issued by Malaysia Sukuk Global Bhd. According to S&P's, Malaysia S