Sukuk sales get a boost from interest rate cut


KUALA LUMPUR: Malaysia’s second-biggest Islamic bond arranger predicts sales will more than double over the next six months after Bank Negara governor Datuk Muhammad Ibrahim unexpectedly cut interest rates.

RHB Investment Bank Bhd forecast total issuance of RM63bil by year-end, just shy of 2014’s second-best on record.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , sukuk , bank negara , interest rates

Next In Business News

Asian shares tumble, oil rises as markets await AI sector results
Maybank inks five-year deal to expand regional resilience operations centre
Traders on Bursa opt for the sidelines
National Australia Bank to cut 2,500 jobs in cost overhaul as credit growth slows
No commitment for public funding support for AirAsia, Parliament told
Indonesia to exclude 80 highly concentrated stocks from benchmark index
Trading ideas: CAB, TNB, IHH, Duopharma, Zetrix, Mi, GDB, Jati, Cosmos, MMAG, LYC, MBSB, Toyo, Eonmetall, KIP REIT
US stocks rebound with AI earnings test ahead, euro falls on France unrest
Carney’s pipeline push unlikely to bring back oil field jobs boom
A niche growth opportunity

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read