Tagged: Bursa Malaysia

New liquidity tool needed for M’sian Islamic banks

New liquidity tool needed for M’sian Islamic banks

As a global leader in the field of Islamic finance, Malaysia boasts with state-of-the-art infrastructure and unparalleled government support. The development of Commodity Murabaha (CM) transactions on Bursa Malaysia under its Bursa Suq Al Sila’ enabled the country to try to snatch away the business of liquidity management by Islamic banks from the London Metal Exchange (LME). Bursa Malaysia’s Suq Al Sila’ is a representation of trading in commodities with complete irrelevance of commodities to the intended outcome. This exceeds simple exchange of cash between two participating banks.

DanaInfra’s RM300m sukuk to kick-start retail bonds trading

DanaInfra’s RM300m sukuk to kick-start retail bonds trading

DanaInfra Nasional Bhd’s RM300 million sukuk aiming to partially fund the Klang Valley’s mass rapid transit (MRT) will make its kick-start retail trading of bonds on Bursa Malaysia. Moreover, it is likely that the sukuk will attract he issuance of private debt securities such as conventional bonds and Malaysian Government Securities (MGS) which will be publicly available. According to Tajuddin Atan – CEO of Bursa Malaysia Bhd – a number of parties have expressed their interest in issuing retail bonds. In addition, there should be ample amount of issuance for the successful trading of these bonds on the local exchange.

DanaInfra’s RM300m sukuk to kick-start retail bonds trading

DanaInfra’s RM300m sukuk to kick-start retail bonds trading

DanaInfra Nasional Bhd’s RM300 million sukuk aiming to partially fund the Klang Valley’s mass rapid transit (MRT) will make its kick-start retail trading of bonds on Bursa Malaysia. Moreover, it is likely that the sukuk will attract he issuance of private debt securities such as conventional bonds and Malaysian Government Securities (MGS) which will be publicly available. According to Tajuddin Atan – CEO of Bursa Malaysia Bhd – a number of parties have expressed their interest in issuing retail bonds. In addition, there should be ample amount of issuance for the successful trading of these bonds on the local exchange.

THP issues RM200mil in sukuk

THP issues RM200mil in sukuk

TH Plantations Bhd (THP) has made a sukuk murabahah programme worth up to RM1bil in nominal value. The establishment is made together with the Pilgrimage Fund Board. THP made known to Bursa Malaysia that RM200mil of sukuk have been issued as part of th…