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:
No comments:
Post a Comment