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Govt to unveil new dimension of sukuk issuance via ‘wakalah bil-khadamat’ structure - PM

Govt to unveil new dimension of sukuk issuance via ‘wakalah bil-khadamat’ structure - PM

This investment aims to bolster high-growth domestic Malaysian companies and stimulate the venture investment ecosystem.
Tue May 28 2024
Full redemption of Sukuk Prihatin, Malaysia's first digital sukuk - Tengku Zafrul

Full redemption of Sukuk Prihatin, Malaysia's first digital sukuk - Tengku Zafrul

The government has announced the maturity of its two-year Sukuk Prihatin, which was launched on Sept 22, 2020, and fully redeemed today.
Sat Sep 24 2022
MARC affirms Top Glove's corporate credit rating

MARC affirms Top Glove's corporate credit rating

Top Glove concurrently maintains its 2021 'AA-IS(CG)' rating for Perpetual Sukuk Wakalah Programme.
Mon Apr 11 2022
5G network project cost does not involve govt financing or guarantee

5G network project cost does not involve govt financing or guarantee

The cost of implementing the 5G network will be financed through a combination of deferred financing to vendors, trade financing and working capital, as well as sukuk programmes.
Thu Nov 25 2021
Malaysia's Maybank to implement $11.9 billion sustainable finance framework

Malaysia's Maybank to implement $11.9 billion sustainable finance framework

Maybank said it will scale up existing green, social and sustainability bonds or sukuk.
Mon Jul 19 2021
Lots and lots to cheer with sukuk success!

Lots and lots to cheer with sukuk success!

The sustainability sukuk is a seismic shift of providing a valuable opportunity for the markets to create new revenue opportunities.
Fri May 07 2021
Strong demand for Malaysia's international sukuk shows investor interest in sustainability finance - Moody's

Strong demand for Malaysia's international sukuk shows investor interest in sustainability finance - Moody's

The issuance also reinforces Malaysia's leading position in Islamic finance.
Tue Apr 27 2021
Oversubscription of sustainability sukuk reflects international community's confidence in Malaysia - Muhyiddin

Oversubscription of sustainability sukuk reflects international community's confidence in Malaysia - Muhyiddin

Malaysia's sustainability sukuk issuance which was oversubscribed by 6.4 times yesterday reflected the international community's confidence in the country's ability to recover economically.
Fri Apr 23 2021
Malaysia's Sustainability Sukuk oversubscribed by 6.4 times, allocation well-spread globally

Malaysia's Sustainability Sukuk oversubscribed by 6.4 times, allocation well-spread globally

The government has successfully priced the world's first sovereign US Dollar Sustainability Sukuk.
Thu Apr 22 2021
Moody's assigns A3 rating to Malaysia's international sovereign sukuks

Moody's assigns A3 rating to Malaysia's international sovereign sukuks

The government will collect all returns on the portfolio assets against the relevant periodic distribution amounts due.
Mon Apr 19 2021
1MDB still has RM32.3 bln of outstanding debt, total payment will amount to RM40.51 bln

1MDB still has RM32.3 bln of outstanding debt, total payment will amount to RM40.51 bln

1Malaysia Development Bhd (1MDB) still has RM32.3 billion of outstanding debt with four more bonds/sukuk maturing between 2022 and 2039.
Fri Mar 26 2021
Govt to launch US$1 bln Sukuk Lestari - PM Muhyiddin

Govt to launch US$1 bln Sukuk Lestari - PM Muhyiddin

The amount surpassed its initial target issuance of RM500 million.
Wed Mar 17 2021
Islamic Finance supports UN's SDG initiatives - World Bank

Islamic Finance supports UN's SDG initiatives - World Bank

Raad said Islamic financial instruments can be used to mobilise resources for financing the recovery and rebooting of economies.
Tue Mar 09 2021
Malaysia leads global Sukuk issuances in 2020, most tied to SRIs - Tengku Zafrul

Malaysia leads global Sukuk issuances in 2020, most tied to SRIs - Tengku Zafrul

Malaysia accounted for more than 45 per cent of the world's outstanding amount or approximately US$258 billion.
Tue Mar 09 2021
Malaysia's Sukuk Prihatin wins IFN's global deal of the year award

Malaysia's Sukuk Prihatin wins IFN's global deal of the year award

It also won IFN's Most Innovative Deal and Malaysia Deal of the Year award.
Tue Mar 02 2021
Lebanese search for dead in devastated villages as Israel withdraws

Lebanese search for dead in devastated villages as Israel withdraws

Hezbollah says Israel was still occupying Lebanese territory and put the onus on the Lebanese state to get Israeli forces out.
Thu Feb 20 2025
China promises Latin America 'trustworthy' ties as Trump lays out demands

China promises Latin America 'trustworthy' ties as Trump lays out demands

Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
Major risks loom as Trump upends US Russia policy

Major risks loom as Trump upends US Russia policy

Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
Pope Francis has double pneumonia, complicating his treatment, Vatican says

Pope Francis has double pneumonia, complicating his treatment, Vatican says

Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
Philippines' VP Duterte challenges impeachment before Supreme Court

Philippines' VP Duterte challenges impeachment before Supreme Court

Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch

I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
UAE tells US' Rubio it rejects displacement of Palestinians

UAE tells US' Rubio it rejects displacement of Palestinians

The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
Taylor Swift wins recording artist of the year crown for fifth time

Taylor Swift wins recording artist of the year crown for fifth time

The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew

Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025