Malaysia: Etiqa Takaful issues US$93 mln sukuk
Source: Middle East Insurance Review | Jul 2014
Etiqa Takaful, the takaful arm of the Maybank Group, has issued its maiden Subordinated Sukuk Musharakah of MYR300 million (US$93 million) in nominal value. Maybank Investment Bank was the principal adviser/ lead arranger and lead manager for the sukuk.
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