Bank Rakyat issued a RM1 billion Islamic medium-term notes (IMTN) sukuk wakalah through Imtiaz Sukuk II Bhd on April 24, 2025, under a RM10 billion senior sukuk wakalah programme rated AA2 by RAM Rating Services. The issuance, split into RM120 million (five-year) and RM880 million (seven-year) tranches, attracted strong demand with a 1.98 bid-to-cover ratio. Proceeds will fund shariah-compliant activities, including working capital, capital expenditure, financing, and general corporate purposes. Bank Muamalat, CIMB, Maybank, and RHB Investment Banks served as joint lead managers for the programme.
Read More News on Business News Malaysia
Read More News on Business News Malaysia
Bursa Malaysia appoints CFO Azizan Abdul Aziz as Islamic capital market director, reinforcing focus on…
Huawei unveils FusionSolar9.0 in Malaysia, introducing AI‑powered, grid‑stabilising solar technology to boost clean energy transition…
Private markets remain resilient but face mounting pressure from higher rates, weak exits, concentrated AI…
Fomca urges government transparency on Budget 2026 cuts, warning healthcare reductions could harm patients, staff,…
PETRONAS and ENEOS renew LNG partnership, securing 10% stake in MLNG Tiga to strengthen energy…
UAE exits OPEC+, weakening spare capacity control and signaling shift toward capacity-driven competition, raising volatility…
This website uses cookies.