MALAYSIA: Khazanah Nasional and the Securities Commission Malaysia (SC), launched Malaysia’s first tokenized Sukuk with a nominal value of RM100 million (US$25.3 million). The issuance forms part of the Sukuk Danum Program – of Islamic medium-term notes valued up to RM20 billion (US$5.06 million) in nominal value, with a one-year tenor for this inaugural tranche, structured on the Wakalah Bil Istithmar principle. The pilot also involved CIMB Group and Maybank, alongside investors including Credit Guarantee Corporation Malaysia, Kumpulan Wang Persaraan or the Retirement Fund, OCBC Bank (Malaysia) and other institutional participants.
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