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Group Business Banking > HL Markets > Islamic Money Market Instruments > GII


GII

GII is a long-term profit-based Government securities based on the Islamic principles issued by the Government of Malaysia to fund government’s development expenditure. The original maturities of GII range from 3-year to 10-year
 
GII is based on the Bai-Al-Enah principle. It involves purchase of Government’s assets by investors at specific nominal value and subsequently sells it back at its nominal value plus profit. The profit is payable very half yearly. At maturity, the Government will redeem at the nominal value of the securities to the GII holders.




 

 

 

 

 

 

 

 

 

 
 
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