Launch Partners

Launch Partners

Qiradh Capital sells Sukuk

MALAYSIA: Qiradh Capital today issued an Islamic medium-term note (IMTN) worth RM7 million (US$1.46 million) that carries a five-year tenor and a 10% coupon rate, and another IMTN worth RM30 million (US$6.26 million) that also carries a five-year tenor. Kenanga Investment Bank was the lead arranger for the transactions.

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