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IDB establishes First Local Currency Sukuk Programme in Malaysia 2 Jeddah
2 Published in Saudi Press Agency on 03 - 08 - 2008

day road show was recently conducted along with an investor presentation in Kuala Lumpur, which was attended by representatives of public and private institutions' investors.
IDB has chosen Malaysia for the issuance of its first local currency Sukuk. The funds raised will be used to finance projects in Malaysia.
IDB is a multilateral development bank of 56 Islamic countries. It has a AAA rating from three international rating agencies, Standard & Poors, Moody's and Fitch Ratings. The programme has been assigned a AAA rating from Standard & Poors.

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