null Islamic bond, sukuk seen as effective funding instrument to manage sustainability transitions, says SC chairman
Islamic bond, sukuk seen as effective funding instrument to manage sustainability transitions, says SC chairman
9 Nov 2021 | Tuesday Source: The Edge Markets
Malaysia Airports Holdings Bhd (MAHB) has made a lodgement with the Securities Commission Malaysia (SC) for the establishment of a sukuk wakalah programme of up to RM5 billion based on the Shariah principle of Wakalah Bi Al-Istithmar.
In a bourse filing on Monday (Nov 8), MAHB said that the sukuk wakalah programme has a perpetual programme tenure which affords the company with flexibility to issue the senior sukuk wakalah and/or perpetual sukuk wakalah from time to time, subject to the aggregate outstanding nominal value of the sukuk wakalah not exceeding RM5 billion at any point in time.
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