Finance minister announces full redemption of Sukuk Prihatin, Malaysia’s first digital sukuk

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KUALA LUMPUR, Sept 24 ― The government is pleased to announce the maturity of its two-year Sukuk Prihatin, which has been fully redeemed on September 22, 2022. According to...

KUALA LUMPUR, Sept 24 ― The government is pleased to announce the maturity of its two-year Sukuk Prihatin, which has been fully redeemed on September 22, 2022.

“Proceeds from the issuance were channelled to the Covid-19 Fund to finance, among others, micro-credit loans under Bank Simpanan Nasional and TEKUN Nasional, special assistance for students of higher education institutions, e-Commerce campaigns for SMEs and micro enterprises as well as public healthcare expenses in addressing the pandemic,” he said in a statement today.

“The government‘s highest appreciation extends not just to all sukuk holders, but also other members of Keluarga Malaysia who had rallied together to support the nation weather the public health and economic storm during the height of the pandemic,” he added.

 

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