Malaysian corporates have announced major sukuk issuances including one by the largest telecommunications group Maxis Bhd and another by the Islamic Development Bank.
Maxis’ unit plans $2.5b sukuk
A unit under telecommunications group Maxis Bhd, Maxis Broadband Sdn Bhd, is planning a sukuk (Islamic bond) issuance to raise as much as MYR10 billion for acquisitions and capital expenditure.
