Project description

The Cagamas Berhad IMTN Sukuk RM500 Million 4.26% 18-Jan-2028 is a Sukuk issuance by Cagamas Berhad, a Malaysian company that specializes in providing liquidity to the country's mortgage market.

Investors who purchase this Sukuk issuance will receive a fixed annual return of 4.26% until the maturity date, at which point they will receive their principal investment back. The IMTN Sukuk structure provides investors with a level of security, as the Sukuk is backed by specific assets or receivables.

Overall, the Cagamas Berhad IMTN Sukuk RM500 Million 4.26% 18-Jan-2028 is a Sukuk issuance that provides investors with a fixed income stream while allowing Cagamas Berhad to raise funds to support the Malaysian mortgage market.

$100.000.000

Target

4%

Expected return

31 Mei 2023

End Project

20%

$80.000.000

Available for investment

$20.000.000

Already funded

Type of Sukuk
IMTN Sukuk, which are structured in a way that involves the issuance of Islamic Medium-Term Notes that are Shariah-compliant and backed by specific assets or receivables.
Credit Rating
The Sukuk issuance has been rated AAA by Malaysian Rating Corporation Berhad (MARC) and AAA by RAM Rating Services Berhad, indicating a high credit quality and low credit risk.
Start date
01 Maret 2023
End date
31 Mei 2023
Location
Abu Dhabi
Objective
The Sukuk issuance will be used to finance Cagamas Berhad's purchase of Shariahcompliant assets, including home financing and Islamic hire-purchase receivables.

Project gallery

Start investing

Minimal Investment $100.000

Project Transaction

Date Total Dividen Payment Status
12 April 2023 $20.000.000 5% BANK MANDIRI Paid

Earn income while investing in meaningful businesses.

Register as Investor Register as Emiten