11.05.2011 - RAM Ratings marks Bank Muamalat proposed Sukuk A3
RAM Ratings assigns preliminary long-term rating of A3 to Bank Muamalat Malaysia’s proposed Islamic Subordinated Sukuk Programme of up to MYR 400 million ($133.4 million). RAM Ratings has also reaffirmed Bank Muamalat Malaysia’s respective long- and short-term financial institution ratings at A2 and P1; the rating of the Bank's MYR 250 million ($83.4 million) Islamic Subordinated Bonds (2006/2016) has also been reaffirmed at A3. All the long-term ratings have a stable outlook..............................................Full Article: Source
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