KUALA LUMPUR, April 11 — Malaysia Debt Ventures Bhd recently raised RM270 million via an Islamic Medium Term Notes issuance under its existing RM1 billion Sukuk Murabahah Programme .
Fully guaranteed by the government, and with a total drawdown of RM500 million to-date, the fund also aims to increase awareness of the socio-economic benefits of Islamic financing, while at the same time expanding MDV customers’ financing options to meet their growth requirements. “This financing will foster the expansion of high-value start-ups and early stage companies from high-impact technology sectors of the economy, thus, catalysing the development and advancement of the country's technology sector,” said MDV.
Source: Loan Digest (loandigest.net)
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