
AmBank Islamic Berhad, founded in 2006 and headquartered in Kuala Lumpur, Malaysia, is a leading provider of Islamic banking solutions that cater to both retail and corporate clients. The bank aims to provide Shariah-compliant financial products and services, fostering economic growth while adhering to Islamic principles. Key offerings include personal financing, home financing, and various retail investment products that align with Islamic law.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
AMMMK 4.53% 2033-06-27 MYRAmBank Islamic Berhad. | Malaysia | 2033-06-27 | 4.530 | 4.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, AmBank Islamic has actively participated in the bond market, marking its first Sukuk issuance in 2008. The bank has since completed several significant issuances, including a notable RM 1 billion Sukuk in 2019 aimed at enhancing its capital base. As of October 2023, its Sukuk yields are competitive within the industry, reflecting the institution's strong credit profile. The bonds typically feature structures compliant with Shariah regulations, appealing to a diverse range of investors seeking ethical investment opportunities.