MARC Ratings has withdrawn its rating of A+IS on Bank Muamalat Malaysia Berhad’s RM2.0 billion Senior Sukuk Programme. The rating withdrawal follows the termination of the programme as confirmed by the facility agent on April 23, 2024.
MARC Ratings’ analytical coverage on Bank Muamalat’s issuance is now limited to the bank’s RM5.0 billion Sukuk Wakalah Programme.