Thursday, August 20, 2020

Digital Sukuk PRIHATIN is Here

The first ever Digital Sukuk can be subscribed from 18 August until September 17, 2020. Below is the excerpt from The Edge Malaysia:

"The sukuk, which is based on the principle of Tawarruq via the Commodity Murabahah arrangement, has a total target issuance of RM500 million with a maturity period of two years, said the Ministry of Finance (MoF) in a statement today.

It offers a profit rate of 2% per annum, which will be paid on a quarterly basis and will be exempted from tax."

Here is how you can subsribe Sukuk online via Maybank2u:

https://www.maybank2u.com.my/maybank2u/malaysia/en/business/investment/sukuk_prihatin.page?

Article from The Edge:

https://www.theedgemarkets.com/article/twoyear-rm500m-prihatin-sukuk-launched-2-annual-profit-rate

FAQs from Hong Leong Bank:

https://www.hlb.com.my/content/dam/hlb/my/docs/pdf/Promotions/Personal/2020/sukuk-prihatin/hlb-sukuk-prihatin-faq-en.pdf

Ministry of Finance🇲🇾 (@MOFmalaysia) | Twitter

Should You Invest in Sukuk Prihatin – MyPF.my

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