Samaiden Group launches RM1.5bil Islamic financing programmes


KUALA LUMPUR: Samaiden Group Bhd has announced the establishment of a RM1.0 billion Islamic medium term notes (IMTN) programme and a RM500.0 million Islamic commercial papers (ICP) programme, both under the shariah principle of Wakalah bi al-Istithmar.

The renewable energy specialist said the programmes will allow the issuance of both rated and unrated Islamic notes and papers, with options for them to be secured or unsecured, with or without a financial guarantor.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malaysia's private non-financial sector's credit growth moderated to 4.8% in September
US tariffs on China to have mixed impact on Asean economies - OCBC
Minox International proposes 1-for-2 bonus issue of warrants
UBS posts bigger-than-expected net profit in third quarter
China and Hong Kong stocks drop as US election risks loom
StanChart third-quarter profit more than doubles on strong wealth growth, raises guidance
Bursa Malaysia's net profit jumps 42% to RM85.74mil in 3Q as ADV climbs
FBM KLCI slides as US election jitters mount
Australian dollar stuck near three-month lows on mixed inflation data
Axis-REIT raises RM449.73mil from private placement

Others Also Read