RM500 mln Sukuk Prihatin launched

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Malaysia’s first digital sukuk, the RM500 million Sukuk Prihatin under the National Economic Recovery Plan (Penjana), was launched at the Ministry of Finance in Putrajaya today. The launch was witnessed by the Yang di-Pertuan Agong Sultan Abdullah Sultan Ahmad Shah, Prime Minister Muhyiddin Yassin, and Finance Minister Tengku Zafrul Abdul Aziz. Muhyiddin said in his speech that the issuance of the sukuk follows requests from various quarters to support the country’s economic recovery from the Covid-19 pandemic. He added that the sukuk can be subscribed to online by the public as well as the corporate sector. "I am moved as the government has received offers from honest and sincere people who want to support the government’s efforts to revive the country’s economy," he said. Muhyiddin said the proceeds from the sukuk will be channelled to several initiatives that have been…