trending Market Intelligence /marketintelligence/en/news-insights/trending/tMgCVvKLlhRSX7RcfHiorA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Alliance Islamic Bank establishes sukuk programs

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Alliance Islamic Bank establishes sukuk programs

Alliance Islamic Bank Bhd. established a perpetual sukuk program to issue up to 2.5 million ringgit of Islamic bonds, as well as an Islamic commercial papers program to issue up to 300 million ringgit of Islamic bonds.

Under the bank's perpetual sukuk program, it will issue up to 1.2 billion ringgit of senior sukuk murabahah, up to 800 million ringgit of Tier 2 sukuk murabahah and up to 500 million ringgit of additional Tier 1 sukuk wakalah.

Under the lender's Islamic commercial papers program, it will issue up to 300 million ringgit of sukuk murabahah.

Alliance Islamic Bank will use the proceeds from issuances under the programs for Shariah compliant general banking, working capital and other corporate purposes.

Alliance Investment Bank Bhd. is the principal adviser, lead arranger, lead manager and facility agent for the two sukuk programs, while Alliance Islamic Bank is the Shariah adviser.

Alliance Islamic Bank and Alliance Investment Bank are units of Alliance Bank Malaysia Bhd.

As of March 13, US$1 was equivalent to 4.09 Malaysian ringgit.