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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Malaysia’s Cagamas sells $20.23 million Islamic notes

Posted on 04 March 2009

From Reuters: Malaysian national mortgage firm Cagamas Bhd has sold 75 million ringgit ($20.23 million) of Islamic medium term notes to fund the purchase of sharia housing loans, the company said.

With this issue, the amount of Cagamas debt securities outstanding in the market totals 20.6 billion ringgit, Cagamas said in a statement….. Full Article: Source

 
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