BIMB’s fourth tranche sukuk issuance gets good response


BIMB’s group chief executive officer, Mohd Muazzam Mohamed said the bank was pleased to issue the fourth tranche its subordinated sukuk murabahah via book building.

PETALING JAYA: Bank Islam Malaysia Bhd (BIMB) has issued its fourth tranche of RM300mil subordinated sukuk murabahah under its RM10bil sukuk murabahah programme on Nov 12 this year.

In a statement yesterday, the bank said that the sukuk murabahah programme of RM10bil was the second sukuk programme established by the bank.

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