Notice: Function WP_Scripts::localize was called incorrectly. The $l10n parameter must be an array. To pass arbitrary data to scripts, use the wp_add_inline_script() function instead. Please see Debugging in WordPress for more information. (This message was added in version 5.7.0.) in /home/beritahari/domains/beritaharian.my/public_html/wp-includes/functions.php on line 6078

RM400 MILLION SUKUK MURABAHAH: BANK ISLAM’S FIFTH TRANCHE SIGNALS FINANCIAL PROGRESS.

This image has an empty alt attribute; its file name is Bank%20Islam%20Logo.jpg

Having a total value of RM400.0 million, Bank Islam Malaysia Berhad (Bank Islam) has effectively issued the fifth tranche of Subordinated Sukuk Murabahah under its established RM10.0 billion Sukuk Murabahah Programme.

The Sukuk Murabahah shall qualify as Tier 2 regulatory capital of Bank Islam in compliance with Bank Negara Malaysia’s Capital Adequacy Framework for Islamic Banks (Capital Components). Hence, it will enhance the capital adequacy of Bank Islam in line with the Basel III requirements.

The Sukuk Murabahah, which will be redeemed at its full nominal value upon maturity, comes with a call option on its fifth anniversary and is rated A1/stable by RAM Rating Services Berhad.

Bank Islam is the principal adviser, lead arranger, lead manager, and Shariah adviser for the Sukuk Murabahah program.

CATEGORIES
TAGS
2.7k
Whatsapp40.8k