IslamicFinance.de

A government- guaranteed Islamic medium-term notes programme (IMTN) with a tenure of up to 20 years in weight of RM3 billion will be issued by the Small and Medium Enterprises Bank Bhd (SME Bank). According to the bank's managing director, the first issuing will be in accordance with the investment structure knon as the wakalah structure. AmInvestment Bank Bhd, Kuwait Finance House (M) Bhd and Maybank Investment Bank Bhd are appointed as the joint lead arrangers and joint lead managers for the sukuk.