MALAYSIA - CAPITAL MARKETS - First Resources Issues RM600 Million Islamic Notes

www.theindonesiatoday.com -SINGAPORE (Indonesia Today) - First Resources Limited, a company controlled by Indonesian family of Ciliandra Fangiono, has issued RM600 million of Islamic medium term notes (IMTN).
The IMTN issued Tuesday, July 31, 2012 is part of the RM2 billion Ringgit-denominated Islamic medium term note program of First Resources.
The IMTNs have a tenor of five (5) years and will mature on 31 July 2017. The IMTNs were successfully priced on a “book build” basis and will bear a periodic distribution rate of 4.45% per annum, payable semi-annually in arrears.  (source)

WORLD - FINANCE - Barwa Bank offering three-year, capital protected Islamic notes

www.gulf-times.com - Barwa Bank is offering a “unique” Shariah-compliant three-year capital protected notes linked to the Turkey and Indonesia equity markets until June 21.
“The Turkey Indonesia Equity Capital Protected Note is an investment opportunity for investors seeking potentially higher returns with 100% capital protection.
The growth is based on the performance of a selected basket of stocks in two high growth emerging markets- Indonesia and Turkey. (source)

INDONESIA - CAPITAL MARKETS - Bank Muamalat Indonesia to sell $50m of Islamic notes

PT Bank Muamalat Indonesia, the nation’s oldest shariah-compliant lender, said it will offer $50 million of dollar-denominated Shariah-compliant bonds in the fourth quarter of this year.

“The medium-term note sale will be a bilateral arrangement with a foreign bank in Malaysia,” Chief Financial Officer Hendiarto said at a press briefing in Jakarta today. The sukuk will have a tenor of not more than five years, he said in May. (source)

MALAYSIA - Introduction of Bank Negara Monetary Notes-Istithmar

Bank Negara Malaysia wishes to announce the introduction of a new Islamic monetary instrument, the Bank Negara Monetary Notes-Istithmar (BNMN-Istithmar). 

Issuance of BNMN-Istithmar is based on the Istithmar (investment) concept which refers to portfolio investments into a combined structure of sale and lease-back of assets (Ijarah) and commodity mark-up sale transaction (Murabahah).(source)