Wednesday 08, May 2013 by Robin Amlôt

First Saudi Sukuk issuance in Malaysia by Al Bayan Group

Al Bayan Group Holding Company, a Saudi-based conglomerate, recently issued a MYR 200 million Sukuk out of its inaugural MYR 1.0 billion Sukuk Wakalah Programme – the first Malaysian Ringgit Sukuk Programme to be  established by a Saudi corporate issuer and the first issuance by a Saudi corporate issuer of Malaysian Ringgit denominated Sukuk in the Malaysian debt capital market to date.

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