BIMB issues RM1bil senior sukuk


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

The bank said in a statement 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.

Get 20% OFF The Star Digital Access

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!
Bank Islam , sukuk

Next In Business News

Palm oil glut lures Indian buyers as price gap to rivals widens
PM Anwar fulfils promise to expedite flood mitigation projects, help long-suffering victims
Govt allocates RM1bil to Urusharta Jamaah for early redemption of sukuk in 2027
FBM KLCI slips in early trade as Wall Street sell-off weighs
Ringgit opens higher as AI investment concerns weigh on greenback
Trading ideas: CIMB, RHB Bank, Pavilion REIT, Foodie Media, TSH Resources, Kerjaya Prospek, Harbour-Link, Exsim Hospitality, Meridian
Petra Energy poised for earnings recovery
Ringgit ends easier against the greenback
HLG acquires two vessels for RM56.68mil
Exsim Hospitality wins RM13.49mil job

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read