KUALA LUMPUR: CIMB Group Holdings Bhd
has anounced its role as the sole principal adviser, sole lead arranger and sole facility agent for the country's inaugural tokenised sukuk issuance by Khazanah Nasional and the Securities Commission.
In a statement, the bank said the issuance reflects a coordinated effort between regulators and industry participants in exploring how distributed ledger technology is applied to enhance efficiency, transparency and execution, while upholding strong governance and market integrity.
The initiative reinforces Malaysia’s position as a leading centre for Islamic finance innovation, particularly in advancing development of next generation capital market instruments.
“Khazanah’s inaugural tokenised sukuk represents an important step forward in advancing the practical application of within a controlled and credible framework. It demonstrates how digital capabilities can be explored within existing capital market structures in a disciplined manner, while remaining aligned with established market practices.
"We are focused on supporting this milestone by working closely with regulators and partners to ensure that emerging structures are operationally sound, scalable and aligned with market expectations," said Chu Kok Wei, CEO of group wholesale banking for CIMB.
CIMB will continue to collaborate with key stakeholders, including regulators and industry partners, to support the responsible development of tokenised financial solutions and the broader digitalisation of financial markets.
