Standard Chartered Saadiq, CIMB Islamic complete floating-rate MYOR-i transaction

The Star Malaysia · The Star · 2026-11-06 11:29 UTC

PETALING JAYA: Standard Chartered Saadiq Bhd and CIMB Islamic Bank Bhd have successfully completed a RM100mil floating-rate transaction under the Commodity Murabahah Programme.

PETALING JAYA: Standard Chartered Saadiq Bhd and CIMB Islamic Bank Bhd have successfully completed a RM100mil floating-rate transaction under the Commodity Murabahah Programme.

Completed on Oct 27, 2026, the deal is structured under Tawarruq and references the Malaysia Overnight Islamic Rate (MYOR-i).

Now in its fourth year, PTF 4.0 returned to the central west coast, covering 30 primary and secondary schools in Putrajaya, Selangor, Melaka and Perak.

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