Maybank Islamic issues Basel III-compliant sukuk

KUALA LUMPUR: Maybank Islamic Bhd has issued its maiden Basel III-compliant Tier-2 capital subordinated sukuk murabahah of RM1.5bil pursuant to a subordinated sukuk murabahah programme of up to RM10bil in nominal value established in March 2014.

The lead arranger and lead manager for the subordinated sukuk programme is Maybank Investment Bank Bhd.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , MAYBANK ISLAMIC , SUKUK

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