KUALA LUMPUR: RHB Bank Bhd has announced a plan to raise up to RM10bil by issuing Sukuk.The bank told Bursa Malaysia today that it has lodged the Sukuk Murabahah Programme with the Securities Commission.

Proceeds from the multi-currency sukuk program will be used for working capital, general banking purposes of Islamic business activity and to refinance or redeem Islamic financing facilities, the bank said.