KUALA LUMPUR, July 7 (Bernama) — Bank Muamalat Malaysia Berhad’s (Bank Muamalat) RM300 million Subordinated Sukuk Murabahah received overwhelming response from a diversified and wider range of investors during its book-building exercise recently.
The RM300 million Subordinated Sukuk Murabahah is the third series issuance under Bank Muamalat’s established RM1 billion 20-year Subordinated Sukuk Murabahah Programme (2016/2036), which qualified as Tier-2 capital under the Bank Negara Malaysia’s (BNM) Policy Document on Capital Adequacy Framework for Islamic Banks Capital Components (CAFIB).