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).

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , bina

Next In Business News

Decathlon APAC delegates visit 118 Mall flagship outlet ahead of opening
China’s 40cm room boom
Lessons from a collapsed gate
Redefining the family office paradigm
El Nino to add fuel to coal rally
A good deal for AmBank, but AmFirst?
Shanghai eyes asset hub status
Betting on boom�–�and bust
Dubai Chocolate faces pistachio crunch
S-REIT appeal builds up

Others Also Read