Thursday 13, March 2014 by Matthew Amlôt

RAM assigns AA3 rating to IJM’s MYR 3 billion debt issue

RAM Ratings has assigned an AA3/stable rating to IJM Corporation Berhad’s (the Group) proposed Sukuk of up to MYR 3 billion. The rating is anchored by the diverse and strongmarket positions of the Group’s core businesses (including construction, property development, plantation, industrial products and infrastructure assets), as well as its healthyfinancial profile.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more