29 Aprill 2026
4-min read
Maybank is playing a leading role as Joint Lead Manager, Custodian and Primary Subscriber of Malaysia's inaugural tokenised sukuk issuance by sovereign wealth fund Khazanah Nasional Berhad ("Khazanah") in collaboration with the Securities Commission Malaysia ("SC"). This landmark transaction represents a significant step forward in advancing financial market innovation in Malaysia, and reinforces the country's leadership in global Islamic capital markets.
With a nominal value of RM100 million, the tokenised issuance forms part of Khazanah's Sukuk Danum Programme, an Islamic Medium-Term Notes programme of up to RM20.0 billion, based on the Shariah principle of Wakalah bi al-Istithmar.
This announcement follows Maybank's successful completion of its maiden pilot project with Yinson Holdings Berhad on 25 March 2026 to execute on-chain foreign exchange conversion of Malaysian Ringgit to Singapore Dollars and deliver near real-time cross-border payment via its permissioned blockchain.
Dato' Sri Khairussaleh Ramli, President and Group CEO of Maybank
Dato' Sri Khairussaleh Ramli, President and Group Chief Executive Officer of Maybank said, "Building on our momentum, we are excited to enable the inaugural tokenised sukuk pilot by Khazanah Nasional and the Securities Commission. This initiative aligns with Maybank's ROAR30 ambition of powering the real economy as it sets a new benchmark for capital raising. Issuers are offered alternative funding avenues and investors gain broader access through fractionalisation and frictionless transactions. We are committed to working closely with regulators and our clients in Malaysia and across ASEAN to adopt tokenisation solutions, subject to regulatory readiness, while playing our role to safeguard market integrity and promote liquidity."
