Business

Public Islamic Bank establishes RM5 billion sukuk programme

Public Islamic Bank has set up an Islamic bond program to raise as much as RM5 billion. The subordinated sukuk murabaha is Basel-III compliant and will be treated as tier-2 regulatory capital, ratings agency RAM Ratings said in a statement today. Maybank, RHB Islamic and AmIslamic have also made moves into Basel-III compliant... Read More

A game room for employees is seen at Motorola Mobility global headquarters in Chicago, Illinois, yesterday. – Reuters pic, April 23, 2014.

A game room for employees is seen at Motorola Mobility global headquarters in Chicago, Illinois, yesterday. – Reuters pic, April 23, 2014.

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