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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MNRB , Sukuk , insurance , Murabahah

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read