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Wakala

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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
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
MAIWP distributes donations to 300 families at Kampung Segambut Dalam

MAIWP distributes donations to 300 families at Kampung Segambut Dalam

MAIWP today handed over contributions to residents of Kampung Segamat Dalam here which is placed under the EMCO via the zakat (tithe) wakalah (representative) scheme.
Sat Jul 03 2021
PPZ-MAIWP, Siti Khadijah Apparel join hands to help the blind

PPZ-MAIWP, Siti Khadijah Apparel join hands to help the blind

More than RM15,000 worth of contributions in the form of hampers, Raya cash and food for the breaking of fast was given out.
Fri May 07 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
Allow frontline civil servants to accumulate annual leave over next five years - Cuepacs

Allow frontline civil servants to accumulate annual leave over next five years - Cuepacs

Adnan Mat said this was because these civil servants were not able to use their annual leave as they had to work.
Sat Oct 03 2020
Bank Rakyat's Sukuk Wakalah to reduce dependency on corporate depositors

Bank Rakyat's Sukuk Wakalah to reduce dependency on corporate depositors

The Sukuk programme would also enable the bank to obtain long term funding with a fixed rate in addition to diversifying the long term funding composition.
Fri Sep 18 2020
Khazanah raises US$320.8 million from sukuk issuance

Khazanah raises US$320.8 million from sukuk issuance

Khazanah raises US$320.8 million from issuance of exchangeable Sukuk referenced to CITIC Securities Co Ltd shares.
Thu Jan 18 2018
Tenaga Nasional Bhd issues RM2 billion Sukuk Wakalah

Tenaga Nasional Bhd issues RM2 billion Sukuk Wakalah

Tenaga Nasional Bhd (TNB) has issued a RM2 billion Sukuk Wakalah pursuant to its Islamic Medium Term Note Programme of RM5 billion in nominal value based on the Shariah principle of Wakalah.
Thu Aug 03 2017
Bina Darulaman issues maiden sukuk

Bina Darulaman issues maiden sukuk

Bina Darulaman Bhd (BDB) today issued its maiden sukuk. The ringgit denominated, 50 million ringgit Sukuk Wakalah is the first tranche, of a seven-year, RM100 million Sukuk Wakalah Programme.
Fri Jun 23 2017
S&P assigns 'A-' for Malaysia Sukuk Global's proposed sukuk trust certificates

S&P assigns 'A-' for Malaysia Sukuk Global's proposed sukuk trust certificates

S&P said the rating on the proposed sukuk trust certificates reflected the foreign currency rating on Malaysia because the transaction fulfilled the 5 conditions of its criteria for rating sukuk.
Mon Apr 11 2016
S&P assigns preliminary 'A-' rating on MSSB's proposed Wakala sukuk trust certificates

S&P assigns preliminary 'A-' rating on MSSB's proposed Wakala sukuk trust certificates

Standard & Poor's Ratings Services today assigned its preliminary 'A-' issue rating to the proposed US dollar-denominated sukuk.
Mon Apr 06 2015
Hong Leong Islamic Bank bags 'Islamic Finance Deal of the Year'

Hong Leong Islamic Bank bags 'Islamic Finance Deal of the Year'

HLISB's nomination was based on its involvement as Joint Principal Adviser in an innovative cross-border Sukuk Wakalah programme.
Thu Oct 16 2014
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
Sat Nov 23 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024