Bank Muamalat plans RM2b Sukuk


KUALA LUMPUR: Bank Muamalat Malaysia Bhd, which is one of the earliest Islamic banks established in Malaysia, is undertaking an Islamic senior notes programme (Senior Sukuk) of up to RM2bil.

Malaysian Rating Corporation Bhd (MARC) had on Tuesday assigned financial institution ratings of A/MARC-1 and assigned a preliminary rating of AIS on the proposed Sukuk.

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