SINGAPORE: Khazanah Nasional is set to issue Malaysia’s first social-impact sukuk, in a boost to the country’s ambitions as a centre for socially responsible investment.
RAM Ratings said the RM1bil (US$282mil) Sukuk Ihsan programme, to which it assigned an AAA rating last week, was the first social-impact bond to be rated globally. Proceeds will go towards educational projects. according to IFR.
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