The Clap Raya Holding’s (RAYA) Board of Directors will meet in the coming days to discuss which financing tool the company will get funds through. The company is exploring whether to issue Sukuk, securitized bonds, or resort to bank loans.
What are Sukuk? Sukuk are sharia-compliant debt instruments.
What are securitization bonds? Securitized bonds group the value of financial assets together in the form of tradeable bonds. Securitizated bonds are lower in risk when compared to regular bonds, as they are backed by assets.