In 2010, sukuk financing will continue to play an increasingly important role in financing across the Malaysian economy, said Zamani Ghani, a deputy governor of the Bank Negara Malaysia.

Zamani said this also included cross-border financing of overseas projects by Malaysian companies. He said sukuks accounted for nearly 60% of outstanding corporate bonds in 2009. Zamani also said total global sukuk issued during the 12 months period until September 2009 was about $41 billion, of which Malaysia's