KUALA LUMPUR, AEON Credit Service (M) Bhd has successfully completed the issuance of its 10th senior sukuk worth RM600 million, marking another milestone under its sukuk wakalah programme. The issuance carries a tenure of seven years.
In its filing with Bursa Malaysia, the company said the sukuk proceeds will be channelled primarily towards financing disbursements that comply with Shariah principles, reflecting AEON Credit’s continued commitment to Islamic financing solutions. The fresh funds will also be utilised to refinance existing borrowings, including earlier loans and previously issued sukuk, in line with its capital management strategy.
AEON Credit highlighted that all proceeds raised under the sukuk wakalah programme are required to adhere strictly to Shariah compliance, ensuring that its funding framework remains aligned with Islamic financial standards.
“The successful issuance of this sukuk underscores investor confidence in AEON Credit’s financial strength and long-term growth potential. It also provides us with the liquidity to support our financing portfolio and expand our range of shariah-compliant offerings,” the company said.
The latest issuance is part of AEON Credit’s broader funding initiatives aimed at strengthening its balance sheet, optimising its capital structure, and supporting sustainable growth in Malaysia’s competitive consumer and SME financing markets.
