CIMB named sole principal adviser, arranger and facility agent for Malaysia’s first tokenised sukuk by Khazanah and SC
CIMB Group Holdings Bhd has announced its role as the sole principal adviser, sole lead arranger and sole facility agent for Malaysia’s inaugural tokenised sukuk issued by Khazanah Nasional and the Securities Commission Malaysia.
Chu Kok Wei, CEO of group wholesale banking for CIMB.
In a statement, the bank said the issuance reflects collaboration between regulators and market participants to explore the use of distributed ledger technology to improve efficiency, transparency and execution, while maintaining strong governance and market integrity.
The initiative also strengthens Malaysia’s position as a key hub for Islamic finance innovation, particularly in developing next-generation capital market instruments.
“Khazanah’s inaugural tokenised sukuk represents an important step forward in advancing the practical application within a controlled and credible framework. It demonstrates how digital capabilities can be explored within existing capital market structures in a disciplined manner, while remaining aligned with established market practices.
We are focused on supporting this milestone by working closely with regulators and partners to ensure that emerging structures are operationally sound, scalable and aligned with market expectations,” said Chu Kok Wei, CEO of Group Wholesale Banking at CIMB.
CIMB said it will continue working with regulators and industry stakeholders to support the development of tokenised financial solutions and the wider digitalisation of financial markets.
