Islamic Capital Market

news
Tomei to establish sukuk murabahah programme of up to RM150 mil
omei Consolidated Bhd plans to establish an Islamic medium term notes programme of up to RM150 million in nominal value based on the shariah principle of murabahah via tawarruq arrangement.
28 Jun 2022
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Sun Life Malaysia unveils Shariah-compliant, investment-linked takaful ESG fund
Sun Life Malaysia Takaful Bhd has launched the Sun Life Malaysia Islamic Global Sustainable Fund, the first Shariah-compliant investment-linked takaful environmental, social and governance (ESG) Fund.
24 Jun 2022
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press release
CIMB Islamic leads landmark RM1.0 billion sustainable Shariah-compliant Collateralised Commodity Murabahah transaction with Standard Chartered Saadiq
CIMB Islamic Bank Berhad (“CIMB Islamic”) announced today that it has entered into an RM1.0 billion landmark Sustainable Collateralised Commodity Murabahah (“CCM”) transaction with Standard Chartered Saadiq Malaysia, further enhancing its market leadership position in sustainable finance, as well as Islamic treasury and capital markets.
22 Jun 2022
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Cagamas concludes RM100m three-year sukuk ahead of FOMC meeting
Cagamas Bhd has successfully priced the RM100 million three-year Islamic Medium Term Notes (IMTNs) to fund the purchase of house financing from the financial system.
22 Jun 2022
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press release
RAM Ratings places the ratings of Telekosang Hydro One’s Senior Sukuk and Junior Bonds on Negative Rating Watch
RAM Ratings has placed the respective AA3 and A2 ratings of Telekosang Hydro One Sdn Bhd’s (TH1 or the Issuer) RM470 mil ASEAN Green SRI Sukuk under the shariah principle of Wakalah Bi Al-Istithmar (2019/2037) (the Senior Sukuk) and RM120 mil ASEAN Green Junior Bonds (2019/2039) (the Junior Bonds) on Rating Watch with a negative outlook.
14 Jun 2022
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MARC affirms Kesturi's RM2.3bil sukuk, RM180mil bonds at AA-IS and A- respectively
MARC Ratings Bhd has affirmed its ratings on Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd's (Kesturi) RM2.3 billion sukuk musharakah (senior sukuk) and RM180 million redeemable secured junior bonds (junior bonds) at AA-IS and A- respectively.
13 Jun 2022
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IILM reissues US$1.03 bil short-term sukuk, seventh auction for 2022
The International Islamic Liquidity Management Corporation (IILM) has reissued a total of US$1.03 billion short-term A-1 rated sukuk across three different tenors of one, three and six-month respectively (US$1=RM4.39), marking its seventh sukuk auction for 2022.
08 Jun 2022
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TNB unit issues RM1.5b sustainability sukuk to fund hydroelectric power plant
Tenaga Nasional Bhd (TNB) said its wholly-owned subsidiary TNB Power Generation Sdn Bhd has issued RM1.5 billion worth of sustainability Sukuk Wakalah to fund its Nenggiri Hydroelectric Power Plant project in Kelantan.
03 Jun 2022
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Egypt Prepares to Issue its First Sovereign Sukuk
Egypt’s Finance Minister Mohamed Maait said his country is preparing to issue its first sovereign Sukuk (Islamic bonds) based on exclusively state-own assets.
03 Jun 2022
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