RAM Ratings has assigned a preliminary rating of AA1(s)/Stable to Samalaju Industrial Port Sdn Bhd's (Samalaju or the Company) proposed Sukuk Murabahah
programme of up to MYR 950 million (the Proposed Sukuk).
Given that Murabahah
has been successfully established in Malaysia, it is reasonable to provide more alternatives and allow other structures such as Ijarah and Wakalah to gain a firm foothold in the Sukuk domain.
MANAMA: Bahrain-based International Islamic Financial Market (IIFM), a global standard-setting body for Islamic finance yesterday announced the launch of the IIFM Master Collateralised Murabahah
Bahrain-based International Islamic Financial Market (IIFM), a global standard-setting body for Islamic finance has launched the IIFM Master Collateralised Murabahah
is used for a wide range of financing needs including general working capital.
Manama: August 14 -- (BNA)-- RAM Rating Services Berhad ("RAM Ratings") recently announced that it has reaffirmed Bahrain Mumtalakat Holding Company's ("Mumtalakat") MYR 3 billion Sukuk Murabahah
programme with a long-term rating of 2 and a stable outlook, representing a strong investment grade credit rating profile.
Other notable issuances include 10-year tier II capital sukuk by Albaraka Turk, which was the first sukuk Murabahah
transaction issued in the international capital markets from Turkey.
It covers Islamic financial products ranging from murabahah
placement diminishing musharakah, mudharabah and ijarah.
: Instead of lending out money, the bank purchases the desired commodity (from a third party and resells at a predetermined higher price to the client.
Kuala Lampur, May 30 (Xinhua-ANI): Malaysia's central bank announced on Wednesday the introduction of a new Islamic monetary instrument, Collateralized Murabahah
Earlier this month, Malaysia's RAM Ratings assigned a preliminary AA1 rating to TAQA's proposed sukuk Murabahah
programme of up to 3.
was partially financed by the first significant Murabahah
facility raised by Lloyds TSB Bank.