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4.2.1 OVERVIEW OF MALAYSIA’S CAPITAL MARKETS 73 4.2.2 GROWTH OF THE SUKUK MARKET IN MALAYSIA 77 4.2.3 ANALYSIS OF SUKUK STRUCTURES, ISSUANCE AND INVESTMENT 80 4.2.4 KEY FACTORS UNDERPINNING MALAYSIA’S SUKUK MARKET 91 4.2.5 COUNTRY-SPECIFIC RECOMMENDATIONS 93 4.3 UNITED ARAB EMIRATES (UAE) 95 4.3.1 OVERVIEW OF UAE’S CAPITAL MARKETS 95 4.3.2 GROWTH OF THE SUKUK MARKET IN THE UAE 99 4.3.3 ANALYSIS OF SUKUK STRUCTURES, ISSUANCE AND INVESTMENT 104 4.3.4 KEY FACTORS UNDERPINNING THE UAE’S SUKUK MARKET 108 4.3.5 COUNTRY-SPECIFIC RECOMMENDATIONS 112 4.4 INDONESIA 114 4.4.1 OVERVIEW OF INDONESIA’S CAPITAL MARKETS 114 4.4.2 GROWTH OF THE SUKUK MARKET IN INDONESIA 121 4.4.3 ANALYSIS OF SUKUK STRUCTURES, ISSUANCE AND INVESTMENT 125 4.4.4 KEY FACTORS UNDERPINNING INDONESIA’S SUKUK MARKET 133 4.4.5 COUNTRY-SPECIFIC RECOMMENDATIONS 134 4.5 TURKEY 137 4.5.1 OVERVIEW OF TURKEY’S CAPITAL MARKETS 137 4.5.2 GROWTH OF THE SUKUK MARKET IN TURKEY 140 4.5.3 ANALYSIS OF SUKUK STRUCTURES, ISSUANCE AND INVESTMENT 144 4.5.4 KEY FACTORS UNDERPINNING TURKEY’S SUKUK MARKET 151 4.5.5 COUNTRY-SPECIFIC RECOMMENDATIONS 153 4.6 HONG KONG 156 4.6.1 OVERVIEW OF HONG KONG’S CAPITAL MARKETS 156 4.6.2 DEVELOPMENT OF THE SUKUK MARKET IN HONG KONG 160 4.6.3 ANALYSIS OF SUKUK STRUCTURES, ISSUANCES AND INVESTMENTS 161 4.6.4 KEY FACTORS UNDERPINNING HONG KONG’S SUKUK MARKET 164 4.6.5 COUNTRY-SPECIFIC RECOMMENDATIONS 166 4.7 NIGERIA 169 4.7.1 OVERVIEW OF NIGERIA’S CAPITAL MARKETS 169 4.7.2 DEVELOPMENT OF THE SUKUK MARKET IN NIGERIA 171 4.7.3 ANALYSIS OF SUKUK STRUCTURES, ISSUANCE AND INVESTMENT 175