Close
EN
BM

Personal

Business

Investment

Islamic Commercial Papers (ICPs)

Investment

Islamic Commercial Papers (ICPs)

Features

  • ICPs are rated an Islamic short term financing paper issued by corporate bodies;
  • The tenor of an ICP ranges from 1 month to 1 year;
  • Price varies depending on credit worthiness of issuers;
  • Primary issues are on tender basis and ICP are traded in the interbank market;
  • ICPs rating is based on classification by rating agencies example P1, P2, P3 and NP by Rating Agency of Malaysia (RAM) or MARC 1, MARC 2, MARC 3 and MARC 4 by Malaysia Rating Corporation Berhad (MARC).

You might also be interested in

Islamic Capital Markets
Corporate Advisory Services
Chat with us on
WhatsApp
AUSTRALIAN DOLLARAUD2.9320002.7680002.752000
BRUNEI DOLLARBND3.4160003.2140003.203000
CANADIAN DOLLARCAD3.2110003.0930003.076000
SWISS FRANCCHF5.1530004.9230004.905000
EURO EUR4.8370004.5630004.541000
STERLING POUNDGBP5.7920005.5290005.520000
NEW ZEALAND DOLLARNZD2.7340002.5350002.520000
SINGAPORE DOLLARSGD3.4160003.2140003.213000
UNITED STATES DOLLARUSD4.5550004.3050004.288000

2024-12-06 08:27:36