IDB: Biggest Muamalat’s Shareholder
SAPA#0831: As the biggest shareholder, the Islamic Development Bank (IDB) is the largest pre-emptive rights institution (HMETD) for new shares to be issued by Bank Muamalat. Will the 57 member state finance institutions execute this right? Reading his asset portfolio fund, it is unlikely that IDB will execute all of its rights. But the decision …