Wednesday 13, August 2008 by

Islamic Development Bank establishes first local currency Sukuk programme in Malaysia

The Islamic Development Bank (IDB) has signed a RM 1 billion Sukuk programme. Bank Negara Malaysia, the Securities Commission and the Ministry of Finance have already given their approval for the establishment of the programme and the issuance of the Sukuk.

Features & Analyses

Consumer Banking Commitment to the people

Banker Middle East’s Retail Banker of the Year, Hamed Fayez, Senior Executive Vice President, Head of Retail Banking Group at… read more