PETALING JAYA: Malayan Banking Bhd (Maybank) has set up a sukuk programme of up to RM10bil, rated AAA, to fund its investments in ringgit-denominated and foreign currency-denominated Islamic financial instruments.
Maybank Investment Bank Bhd (Maybank IB) said yesterday that Maybank may issue up to RM10bil under the senior sukuk murabahah and/or subordinated sukuk programme under the syariah principle of murabahah.
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