Bank Islam issues RM1bil senior Sukuk Murabahah


KUALA LUMPUR: Bank Islam Malaysia Bhd has successfully issued RM1bil senior sukuk Murabahah under its RM10bil sukuk Murabahah programme in nominal value (sukuk Murabahah programme).

The bank, in a statement, said the issuance of the senior sukuk Murabahah received an overwhelming response from investors, with a bid-to-cover ratio of over 3.2 times the issuance size after the upsizing from RM500mil.

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

Next In Business News

Wall St set for higher open as US-Iran ceasefire lifts sentiment
Golden Destinations’ IPO oversubscribed by 2.10 times
EPB proposes Main Market transfer
Infoline Tec subsidiary to purchase RM18.6mil factory buildings
PMW International ties up with STIDC for new Sarawak manufacturing facility
LSH unit secures Kuantan road upgrade contract
AIBIM: Islamic banking industry remains resilient amid Middle East uncertainties
Ringgit rises to 3.97 against US dollar at the close as US-Iran reaches ceasefire deal
Inta Bina bags RM32mil construction job
MNC Wireless to fund digital push with rights issue

Others Also Read