On the 28th April 2021, Malaysia issued its first sustainability Islamic trust certificates, comprising an US$800 million 10-year tranche (Sustainability Sukuk) and a US$500 million 30-year tranche. This maiden Sukuk via an SPV — Malaysia Wakala Sukuk — is in line with the government of Malaysia’s recently launched Sustainability Development Goal (SDG) Sukuk Framework.

 

Download article here

This article was first published in IFN Volume 18 Issue 20 dated the 19th May 2021