Bank Rakyat issues inaugural RM500mil Asean sustainability SRI sukuk


Bank Rakyat acting CEO Ahmad Shahril Mohd Shariff

KUALA LUMPUR: Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat), via Imtiaz Sukuk II Bhd, has issued its maiden RM500 million ASEAN Sustainability SRI (Sustainable and Responsible Investment) Sukuk.

The issuance is based on the Shariah principle of Wakalah Bi Al-Istithmar, from Bank Rakyat’s existing RM10 billion Sukuk Wakalah Programme.

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