KUALA LUMPUR: RHB Bank
Bhd has completed its fifth Senior Sukuk Murabahah issuance of RM900 million in nominal value under the Sukuk Murabahah Programme and first T2 Notes issuance of RM500 million in nominal value under the Note Programme.
In a filing with Bursa Malaysia today, the bank stated that the Senior Sukuk Murabahah is based on the Shariah Principle of Murabahah (via Tawarruq arrangement) and rated AA1/Stable by RAM Rating Services Bhd (RAM Ratings).
