AmIslamic Bank gets SC nod for RM3b Sukuk


KUALA LUMPUR: AMMB Holdings Bhd's unit AmIslamic Bank Bhd has secured the Securities Commission's (SC) approval to set up a subordinated Sukuk Murabahah programme of up to RM3.0bil.

AMMB said on Wednesday that it had received the SC's nod on Tuesday while it had obtained Bank Negara Malaysia's approval on Oct 21, 203.

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