Cagamas's Sukuk for affordable housing gets overwhelming response


Cagamas president and CEO Datuk Chung Chee Leong said the SRI Sukuk was subscribed by socially responsible investors and executed at a competitive rate.

KUALA LUMPUR: Cagamas Bhd’s inaugural Asean Sustainability SRI Sukuk, totalling RM450mil for affordable housing, has received overwhelming response.

The National Mortgage Corporation of Malaysia said on Thursday it had successfully priced a combined issuance of its SRI Sukuk and Islamic medium term notes (IMTNs) totalling RM450mil.

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