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Troubled flag carrier PT Garuda Indonesia put off the payment on its Islamic debt once again, highlighting its financing crunch as the firm tries to avoid bankruptcy.
KUALA LUMPUR: Malaysia and Singapore have intensified their longer-term positioning as regional hubs for green and sustainable finance, making the issuing of sustainability bonds in Asean more vibrant.
KUALA LUMPUR: AmInvest launched its Sukuk fund - AmIncome Sofwah -- on Wednesday which will invest in local Sukuk and Islamic money market instruments.
THE rising prices of various raw materials are impacting the cost of production of many firms. But one particular industry stands out, namely that of green energy.
RIYADH: Saudi Aramco, the world’s biggest energy company, started marketing its first dollar-denominated Islamic bond sale.
PETALING JAYA: Tropicana Corp Bhd has issued the final tranche of the RM110mil in nominal value under its RM1.5bil sukuk wakalah programme.
Malaysian Rating Corporation (MARC) has affirmed its A+IS(s) rating on Projek Lintasan Sungai Besi-Ulu Klang Sdn Bhd’s (PLSUKE) Sukuk Wakalah programme of up to RM2bil, with a stable outlook.
RIYADH: Saudi Aramco, the world’s biggest energy company, has hired banks for its first ever US dollar-denominated Islamic bonds.
Serba Dinamik, Maybank, loans, the economy and the digital banking venture between Axiata and RHB Bank were among top read stories last week.