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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Johor Corp issues RM3bln Islamic debt

Posted on 15 June 2012

Johor Corp (JCorp) has issued an Islamic medium term notes programme (IMTN) under the syariah principle of Wakalah Bil Istitmar.
The Sukuk Wakalah is irrevocably and unconditionally guaranteed by the Government for the entire nominal amount of RM3bil and any accrued profit distributions thereon………………………………………..Full Article: Source

 
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Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


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