If effectively implemented fully, this would translate into a 4 percentage points of GDP increase in public investment – a much bigger stimulus to the economy than, say, the stimulus package in the United States which amounts to less than 1 percentage point of GDP.
The regular issuance of the Sukuk, almost on quarterly basis, has improved market confidence and tradability of the Sukuk. To improve transparency and bring standardization in IBIs’ profit distribution and pool management practices, we have developed a comprehensive profit distribution and pool management framework in consultation with the industry.