| Pembinaan BLT Sdn, a construction company owned by the Finance Ministry, is marketing RM1.35bil of Islamic bonds to yield between 3.55% and 4.45%, according to two people familiar with the matter.
The sukuk, which paid returns on assets to comply with Islam’s ban on interest, would have maturities of three, five, seven, 10, 12 and 15 years, said the people who declined to be named because the information is private. Pembinaan is issuing the syariah-compliant debt via its Aman Sukuk Bhd unit...............................................Full Article: Source
|