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Malaysia's Sarawak state to issue 1.5 bln rgt sukuk
KUALA LUMPUR, June 26 (Reuters) - The Malaysian state of
Sarawak on Borneo island will issue a 1.5 billion ringgit
($466.27 million) Islamic bond for funds to develop the sewerage
system in its capital, said credit agency RAM Ratings on
Thursday.
The sukuk murabaha will be issued by Aquasar Capital, an
indirect unit of Sarawak state. RAM rated the programme AAA or
&aposstable&apos b
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