Asia and the Pacific

Asia and the Pacific

Malaysia Sells $800 Mln Sustainability Sukuk with Public Transportation Vouchers as...

The Malaysian government has issued its first-ever U.S. dollar sustainability sukuk, with its underlying assets being vouchers representing travel entitlement on the public train...

Capital Market Activity Could Return to Pre-Pandemic Levels

Malaysia’s capital market activity is on track to improve this year with fundraising interest across several sectors showing a return to pre-pandemic levels. Maybank Investment...

Moody’s Assigns A3 Rating to Malaysia’s International Sovereign Sukuks

Moody's Investors Service has assigned a senior unsecured rating of A3 to the proposed US dollar-denominated trust certificates (sukuks) with maturities of 10 and...

KPK’s Social Welfare Program Goes Digital, “Mustahiq” App for Zakat Distribution...

Khyber Pakhtunkhwa’s digital revolution is moving forth at an unprecedented rate as the province continues to rapidly digitize its government functions while also leaving...

Khazanah-Backed The Holstein Milk Co Said to Be Proposing RM1b Islamic...

The Holstein Milk Co Sdn Bhd (THMC) is said to have proposed a RM1 billion Islamic bond issue under the Sukuk Wakalah programme, according...

Bank Rakyat Launches RM10b Islamic Medium-Term Notes via SPV

Bank Kerjasama Rakyat Bhd (Bank Rakyat) has issued a Senior Islamic Medium Term Notes (Sukuk Wakalah) programme of up to RM10 billion via special...