07.05.2013 - Positive response to Al Bayan Groupís sukuk issuance in Malaysia anticipated
Kenanga Investment Bank (KIBB) and its Saudi partner Wasatah Capital have identified an opportunity for Saudi companies to create a presence in the Malaysian sukuk market following Al Bayan Group Holding Companyís 200-million Malaysian ringgit (MR) sukuk issuance. The RM200-million sukuk issuance is the first tranche out of an inaugural RM1.0 billion Sukuk Wakalah Program. It is also the first Malaysian Ringgit Sukuk Program to be established and issued by a Saudi corporate issuer to date in Malaysia...............................................Full Article: Source
Print