The Sukuk programme, which is tenured for 20 years, is rated MARC-1ID / AAAID for its Islamic Commercial Paper / Islamic Medium Term Note Programme and AAAID for Islamic Medium Term Note Programme as assigned by the Malaysian Rating Corporation Berhad.
The RM4.5 billion sukuk listing by Sime Darby will further enhance Bursa Malaysia's appeal as the preferred listing destination for Islamic bonds, amongst both the local and international issuers.
Malaysia has gained market leadership in the global sukuk market. It originates over 60% of sukuk listings from here, making it the largest issuer of Sukuk. In 2009, Bursa Malaysia also listed the highest amount of Sukuk programme, topping other exchanges in the world with a total value of USD17.6 billion. Under the Exempt Regime, the Exchange listed a total of 12 sukuk programmes since its inaugural listing in August 2009 which included the first foreign sukuk by G.E. Capital Sukuk Limited.
