Bank Muamalat’s RM300 Million Subordinated Sukuk Murabahah Receives Overwhelming Response

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). 

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