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

Cagamas to issue landmark sukuk

Posted on 14 July 2010

From Btimes.com.my: National mortgage company Cagamas Bhd is expected to issue the first tranche of its Sukuk Al-Amanah Li Al-Istithmar (Sukuk ALIm) within a month of the launch of the RM5 billion ($1.6 billion)Islamic commercial paper (CP) and Islamic medium-term note (MTN) programmes under ALIm.
Cagamas president and chief executive officer (CEO) Steven Choy said the first tranche, worth some RM1 billion, will be targeted at investors in the country, including Middle Eastern banks……………………………………….Full Article: Source

 
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