Types Of Sukuk In Malaysia

A presentation i saw on linkedin by camille paldi on the types of sukuk provides an excellent introduction to the subject.

Types of sukuk in malaysia. Ocbc bank malaysia berhad. The working partner is the sukuk obligator. Hunza properties penang sdn bhd. This article sets out 7 types which are mostly used in malaysia sukuk market.

There are two main types of sukuk issued in malaysia. The sukuk structures set out in this article rely on the creation of a special purpose vehicle spv. With tools data articles videos and more everything you need to know is at your fingertips. In a mudaraba sukuk the sukuk holders are the silent partners who don t participate in the management of the underlying asset business or project.

These are the wakala sukuk and the murabaha sukuk. The same type of contract applies to sukuk. Proceeds from this offering will be used by the gom for shariah compliant general purposes specifically for the redemption of wakala global sukuk berhad s us 1 2 billion trust certificates due in july 2016 as well as to finance. Statistics gathered from bursa malaysia on the bonds and sukuk markets.

The issuance of green sri sukuk amounting to rm250 million for tadau energy sdn bhd s solar project and green sri sukuk amounting to rm1 billion for quantum solar park semenanjung sdn bhd one of the world s largest green sukuk issuance to construct the largest solar power project of its kind in south east asia has placed malaysia as a leader in green investments 21. Around 78 of the sukuk issued in malaysia were issued by private corporations while the other 22 were sovereign islamic securities the asset. With her permission i attached herewith the presentation on sukuk in pdf for your easy download. Explore malaysia s premier centralised bond and sukuk information platform the bond sukuk information exchange is here to help you better understand the exciting universe of bonds and sukuk.

Unrated medium term note programme. The islamic development bank is one of the major issuers of sukuk in malaysia. A special purpose vehicle or spv will issue sukuk which represent an undivided ownership interest in an underlying asset transaction or project. This offering marks the gom s fifth usd denominated global sukuk issuance following the gom s successful global sukuk issuances in 2002 2010 2011 and 2015.

But i did come across this interesting presentation on the types of sukuk.