Maybank issues RM1.8bil subordinated sukuk under RM30bil programme


File pic — AZHAR MAHFOF/The Star

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has completed the issuance of RM1.8 billion in subordinated Sukuk Murabahah under the RM30.0 billion Sukuk programme. 

Maybank said in a Bursa Malaysia filing today that the proceeds from the subordinated Sukuk Murabahah will be applied for Shariah-compliant purposes.

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