| From Cpifinancial.net: Bank Muamalat Malaysia and Standard Chartered Saadiq Bhdacted as joint principal advisers, lead arrangers and lead managers for Padiberas Nasional’s (Bernas) MYR 750 million ($240 million) Sukuk
The Sukuk issuance marks the first time that Bernas, the Malaysia rice industry regulator, has tapped Islamic finance for funding. The Islamic commercial papers/medium-term notes (ICP/MTN) programme was assigned respective long- and short-term ratings of 'AA3' and 'P1' with stable outlook by RAM Ratings Services..............................................Full Article: Source
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