News and Activity
Filter by year
RAM reaffirms Edra's sukuk rating on sufficient liquidity to weather power plant delays
RAM Ratings has reaffirmed its AA3/Stable rating on Edra Energy Sdn Bhd's sukuk wakalah of up to RM5.09 billion in nominal value (2018/2030), based on the company's strong liquidity, which will enable it to weather further delays in the completion of its gas turbine power plant in Alor Gajah, Melaka.
20 Dec 2021Read more
Labuan IBFC could expand Malaysia’s Islamic fintech
The Labuan International Business and Financial Centre (Labuan IBFC) can become a platform to expand Malaysia’s capabilities in digital Islamic finance and the government is prepared to collaborate with relevant stakeholders to realise the goal, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said.
17 Dec 2021Read more
Moody’s affirms Telekom Malaysia’s A3 ratings with a stable outlook
Moody’s Investors Service has affirmed Telekom Malaysia Bhd (TM)’s A3 issuer and senior unsecured rating, as well as the (P) A3 rating on TM’s wholly-owned finance subsidiary Tulip Maple Bhd’s US$750 million senior unsecured multi-currency sukuk issuance programme.
14 Dec 2021Read more
Assistant Governor's Welcoming Remarks at the IFN Asia Forum 2021
Sustainability, technology, and innovation. These, among others will be the key themes, together with the evolving and new consumption trends that could drive an estimated USD10 trillion worth of investment opportunities in Asia. Asia should be the next key epicentre of global consumption and trade. Within this are the growing Muslim population and thriving Islamic finance markets, boasting a gargantuan asset size of USD842 billion in 2020. This exciting landscape offers enormous prospects for value creation for the Islamic finance sector.
07 Dec 2021Read more