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Malaysia's c.bank rejects BIMB's sukuk proposal for Bank Islam

Published: 02/09/2013 10:25:02 AM GMT
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BIMB last month proposed a 10-year Islamic bond or sukuk of of 1.5 billion ringgit ($456.66 million) as part of a plan to acquire the 49 percent stake it does not own in Bank Islam held by Dubai Group and Tabung Haji. (more)

BIMB last month proposed a 10-year Islamic bond or sukuk of of 1.5 billion ringgit ($456.66 million) as part of a plan to acquire the 49 percent stake it does not own in Bank Islam held by Dubai Group and Tabung Haji.

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