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Agrobank Unveils RM1 Billion Sukuk Wakalah Programme

13/09/2021 05:30 PM

KUALA LUMPUR, Sept 13 (Bernama) -- Agrobank, a Development Financial Institution (DFI) with a primary focus on strengthening the agriculture sector in Malaysia today unveils its RM1 billion Sukuk Wakalah Programme based on the Islamic principle of Wakalah Bi Al-Istithmar.

Commenting on the launch of its Sukuk offering, Dato’ Mustapha Buang, Chairman of Agrobank said, “We extremely proud to have successfully launched the RM1 billion Sukuk Wakalah Programme. This announcement reaffirms our commitment to Malaysia’s development as a regional Islamic financial centre and demonstrates the depth of the Malaysian Sukuk capital market.

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