Tuesday 25, February 2014 by Matthew AmlĂ´t

Two Malaysian Islamic banks' issuance plans for Basel III subordinated Sukuk are credit positive

Moody's: "RHB Islamic Bank Berhad (unrated), the Islamic banking subsidiary of RHB Bank Berhad (A3 stable, D+/ba1 stable14), announced that it had received regulatory approval to issue up to MYR 1 billion (around $300 million) of Basel III-compliant, Tier 2 subordinated Sukuk."

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