An Emas bond or sukuk (Islamic bond) is a non-Ringgit denominated bond or sukuk issued out of Malaysia.[1] "Emas" is the Malay word for gold which symbolizes universal value and security. The government of Malaysia issued a US$1.25 billion Emas Sukuk in 2010, one of the largest sovereign sukuk ever to be issued.[2]
"Emas" is Malaysia's designation accorded to non-Ringgit bonds and sukuk issued in Malaysia in the global capital market. "Emas" is the Malay word for gold which symbolizes universal value and security.