Malaysia launches RM500m sukuk for Covid-19 recovery
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[KUALA LUMPUR] Malaysia's finance ministry on Tuesday launched a RM500 million (S$163.2 million) sukuk as part of the government's efforts to raise funds for their coronavirus economic recovery plan.
The Sukuk Prihatin will be offered on digital banking platforms from Aug 18 to Sept 17, offering a 2 per cent profit rate over a two-year maturity period, according to a statement from the ministry.
REUTERS
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