Kuwait Finance House Malaysia is proud to be the principal adviser / lead arranger, lead manager, Shariah adviser and facility agent for the RM130 million Sukuk Ijarah Programme issued by MALAYSIA STEEL WORKS (KL) BHD. (Masteel). The signing ceremony, held on 29 November 2018, also announced Danajamin Nasional Berhad (Danajamin) as the financial guarantee insurer to the Programme. This is the first issuance of Danajamin-guaranteed Sukuk arranged by KFH Malaysia. Proceeds from the issuance shall be used for refinancing, capital expenditure and general working capital requirements by Masteel.