Bina Darulaman issues RM50mil Sukuk Wakalah


KUALA LUMPUR: Bina Darulaman Bhd (BDB) has issued its maiden RM50mil Sukuk Wakalah, the first tranche of its seven-year RM100mil Sukuk Wakalah Programme.

In a statement yesterday, the Kedah-based property and construction company said the sukuk was based on the underlying syariah principle of Wakalah Bi Al-Istithmar (investment agency).

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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