From Btimes.com.my: Bumiputra-Commerce Holdings Bhd, Malaysia’s second-largest bank, said it received approval from the Securities Commission for the sale of as much as RM2 billion (US$570 million) of Islamic bonds.

Proceeds from the bond issue will be made available to CIMB Islamic Bank, a unit of Bumiputra-Commerce, the bank said in a statement to the Malaysian stock exchange today…….Full Article: Source