KUALA LUMPUR: OCBC Al-Amin Bank Bhd, the Islamic banking subsidiary of OCBC Bank (Malaysia) Bhd, has granted a ground-breaking US$175 million (US$1=RM4.60) Islamic green term financing facility to RHB Islamic Bank Bhd.
RHB Islamic Bank Bhd aims to achieve RM6bil in Islamic wealth management by the end of 2026, driven by its RHB Multi Currency Visa Debit Card/i, Islamic unit trust products, and estate planning and trustee propositions.
KUALA LUMPUR: RHB Islamic Bank, a wholly-owned subsidiary of RHB Bank Bhd, today issued subordinated Sukuk Murabahah of RM250 million in nominal value.