Govt to unveil new dimension of sukuk issuance via 'wakala bil khadamat' structure - PM


—AZHAR MAHFOF/The Star

KUALA LUMPUR: The government is set to introduce a new dimension to its sukuk issuance through the 'wakalah bil-khadamat’ structure, as part of Malaysia’s ongoing efforts to bolster the investment ecosystem in the country, Prime Minister Datuk Seri Anwar Ibrahim announced.

"We plan to finalise this sukuk by 2025 as we work to complete all required arrangements and preparations," he said during his keynote address at the Global Forum on Islamic Economics and Finance (GFIEF) today.

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!
Anwar ibrahim , sukuk , issuance

Next In Business News

Moody’s: South, Southeast Asia credit outlook stable despite US dollar strength
South Korea's KOSPI craters over 8% as Fed fears spark tech rout
Gold extends losses on US interest rate-hike fears
OCBC to offer physical gold trading, storage in Singapore
Indonesia's FX reserves slide to two-year low, sparking concern�
US allegations of forced labor refuted
Chipmakers drag South Korea, Taiwan stocks lower as investors unwind AI bets
Liftech to raise RM23mil from ACE Market IPO
Yuan brushes off dollar strength, trade data eyed
Supply crisis to push costs beyond oil prices, whole-of-nation response needed

Others Also Read