BANK ISLAM’S STRATEGIC MOVE: FIFTH TRANCHE OF RM400 MILLION SUKUK MURABAHAH RELEASED.
Under its RM10.0 billion Sukuk Murabahah Programme, Bank Islam Malaysia Berhad (Bank Islam) has successfully issued its fifth tranche of Subordinated Sukuk Murabahah, amounting to RM400.0 million. 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,…