RAM Ratings marks Bank Muamalat proposed Sukuk A3

Bank Muamalat was given A3 by RAM Ratings. Bank Muamalat Malaysia’s respective long- and short-term financial institution ratings were also reestablished at A2 and P1.
RAM Ratings expects the bank's credit costs to restrain as a more rigorous credit-risk-management infrastructure has been put together to guarantee stricter financing origination while efforts to clean up legacy troubled credits are almost completed.