MNRB issues RM420mil subordinated Sukuk Murabahah


KUALA LUMPUR: MNRB Holdings Bhd has announced the issuance of its RM420.0 million Subordinated Sukuk Murabahah.

This is in accordance with the recently upsized Sukuk Programme, as announced on Feb 9, 2024, which allows for the issuance of Senior and/or Subordinated Sukuk Murabahah up to a nominal value of RM420.0 million, the insurance company said in a statement today.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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!
MNRB , Sukuk , insurance , Murabahah

Next In Business News

LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
AEON Credit sets modest FY27 targets amid geopolitical risks
SC appoints Manoj Kurup as executive director for enforcement

Others Also Read