KUALA LUMPUR: Al-Salam Real Estate Investment Trust
(Al-Salam REIT), through its special purpose vehicle, ALSREIT Capital Sdn Bhd, has lodged a Sukuk Wakalah Programme of up to RM3.0 billion in nominal value with the Securities Commission (SC).
In a filing with Bursa Malaysia, it said the programme allows for the issuance of senior Islamic medium-term notes (Senior Sukuk Wakalah) and/ or subordinated perpetual Islamic notes (Perpetual Sukuk Wakalah) based on the Shariah principle of Wakalah Bi Al-Istithmar.
