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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines