CIMB Islamic Bank Berhad, established in 2003 and headquartered in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of CIMB Group Holdings Berhad, serving as a key player in the Islamic banking sector. The bank aims to provide Shariah-compliant financial solutions that cater to personal, business, and investment needs, offering a diverse range of products, including Islamic financing, saving accounts, and investment options.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CIMBMK 3.75% 2029-09-25 MYRCIMB Islamic Bank Berhad | Malaysia | 2029-09-25 | 3.750 | 21.01 |
| CIMBMK 3.84% 2034-09-25 MYRCIMB Islamic Bank Berhad | Malaysia | 2034-09-25 | 3.840 | 3.95 |
| CIMBMK 4.02% 2028-11-30 MYRCIMB Islamic Bank Berhad | Malaysia | 2028-11-30 | 4.020 | 3.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CIMB Islamic Bank has actively participated in the Sukuk market, issuing its first Sukuk bonds in 2004, which served to bolster its capital base and support the growth of its Islamic banking operations. Notably, the bank achieved a landmark issuance of RM 5 billion in Sukuk during 2017, marking one of the largest Islamic bond issuances in Malaysia at the time. As of the latest reports, CIMB Islamic’s Sukuk yields remain competitive, with features like liquidity support and compliance with Islamic finance principles, reflecting its strong positioning in the industry amid evolving market conditions.