KUALA LUMPUR: RHB Bank Bhd has announced a plan to raise up to RM10bil by issuing Sukuk.
The bank told Bursa Malaysia today that it has lodged the Sukuk Murabahah Programme with the Securities Commission.
Proceeds from the multi-currency sukuk program will be used for working capital, general banking purposes of Islamic business activity and to refinance or redeem Islamic financing facilities, the bank said.
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