Sabah Credit launches RM1.5bil sukuk programme


KOTA KINABALU: Sabah Credit Corp (SCC) launched its RM1.5bil sukuk musharakah programme yesterday, in line with growing demand for Islamic financing in the country.

SCC chief executive officer Datuk Vincent Pung said the bulk of this sukuk would be used for refinancing and part of it would be used to grow its business.

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