Rating action          MARC Ratings has assigned final ratings to Bank Muamalat Malaysia Berhad’s Sukuk Wakalah Programme of up to RM5.0 billion as follows:Senior Sukuk Wakalah at A+IS Tier-2 Subordinated Sukuk Wakalah at A-IS Additional Tier-1 Sukuk Wakalah (AT-1 Sukuk Wakalah) at BBBIS Concurrently, the rating agency has affirmed its financial insti...

Rating actionMARC Ratings has upgraded Bank Muamalat Malaysia Berhad’s (Bank Muamalat) financial institution (FI) ratings to A+/MARC-1 from A/MARC-1 and concurrently upgraded the rating on the bank’s Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion to A+IS. The ratings outlook is stable. RationaleThe ratings upgrade is premised on Bank Muamalat’s continued improvemen...

Rating action     MARC has affirmed its financial institution (FI) ratings of A/MARC-1 on Bank Muamalat Malaysia Berhad (Bank Muamalat) and AIS rating on the bank’s Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion. The programme currently has an outstanding amount of RM500 million. The ratings outlook is stable. Rationale     The FI ratings ...

MARC has affirmed its financial institution (FI) ratings of A/MARC-1 on Bank Muamalat Malaysia Berhad (Bank Muamalat) and AIS rating on the bank’s Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion. The ratings outlook is stable. The FI ratings reflect Bank Muamalat’s relatively modest size, strong capitalisation, moderate financial performance and weakening asset quality met...

 MARC has affirmed its financial institution (FI) ratings of A/MARC-1 on Bank Muamalat Malaysia Berhad (Bank Muamalat) and AIS rating on the bank’s Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion. The rating on Bank Muamalat’s Senior Sukuk programme is equalised to its long-term FI ratings based on the seniority of the sukuk. The ratings outlook is stable.The FI ratin...

MARC has affirmed its financial institution (FI) ratings of A/MARC-1 on Bank Muamalat Malaysia Berhad (Bank Muamalat) and its AIS rating on the bank’s Islamic Senior Notes programme (Senior Sukuk) of up to RM2.0 billion. The rating on Bank Muamalat’s Senior Sukuk programme is equalised to its long-term FI rating based on the seniority of the sukuk. The outlook on the ratings is stable. T...

MARC has affirmed its financial institution (FI) ratings of A/MARC-1 on Bank Muamalat Malaysia Berhad (Bank Muamalat) and concurrently affirmed its AIS rating on the bank’s Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion. The outlook on the ratings is stable. The rating on Bank Muamalat’s Senior Sukuk programme is equalised to its long-term FI ratings based on the seniori...

MARC has affirmed its financial institution (FI) ratings of A / MARC-1 on Bank Muamalat Malaysia Berhad (Bank Muamalat) and concurrently affirmed the AIS rating on the Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion. The outlook on the ratings is stable. The rating on Bank Muamalat’s Senior Sukuk issuance is equalised to its FI rating based on the seniority of the ...

MARC has affirmed financial institution (FI) ratings of A / MARC-1 to Bank Muamalat Malaysia Berhad (Bank Muamalat) and concurrently affirmed the AIS rating on the Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion. The outlook on the ratings is stable. MARC notes that Bank Muamalat and Malaysia Building Society Berhad (MBSB) have received an approval from Bank Negara Malaysia (...

MARC has assigned financial institution ratings of A / MARC-1 to Bank Muamalat Malaysia Berhad (Bank Muamalat) and concurrently assigned a rating of AIS on the Islamic Senior Notes Programme (Senior Sukuk) of up to RM2.0 billion. The outlook on the ratings is stable.  The rating on Bank Muamalat’s Senior Sukuk issuance is equalised to the bank’s financial institution rating based on the s...