Thursday 12, June 2014 by Matthew AmlĂ´t

RAM: IJM Corp’s Sukuk rating intact despite proposed purchases

RAM Ratings opines that IJM Corporation’s (IJM Corp or the Group) recently announced proposed acquisition of the highway concessionaire, Sistem Lingkaran-Kajang Sdn Bhd (SILK) for MYR 398 million and the privatisation of the Group’s property arm - IJM Land Berhad (IJM Land) - for MYR 1.98 billion have no immediate impact on the AA3/Stable rating of the Group’s Sukuk Murabahah Programme.

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