KWAP Invests in Corporate Perpetual Sukuk
Posted on 06/13/2012
Kumpulan Wang Persaraan (KWAP), a Malaysian pension fund, has subscribed in the first tranche of Malaysian Airline System in the 2.5 billion ringgit sukuk. KWAP invested 1 billion ringgit and is the initial subscriber. A sukuk is essentially an Islamic bond. The government of Malaysia is working hard to make the country a major center […]
