Midciti Sukuk Berhad, founded in Malaysia, operates as a dedicated issuer of Sukuk (Islamic bonds) to facilitate investment in Sharia-compliant projects. The company aims to provide diverse investment opportunities while adhering to ethical financing principles and stimulating sustainable economic development in the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| KLCCMK 4.19% 2034-04-25 MYRMidciti Sukuk Berhad | Malaysia | 2034-04-25 | 4.190 | 3.78 |
| KLCCMK 4.20% 2026-04-24 MYRMidciti Sukuk Berhad | Malaysia | 2026-04-24 | 4.200 | 3.39 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Midciti Sukuk Berhad has been instrumental in the Malaysian Sukuk market, issuing its first Sukuk in 2010. Noteworthy issuances include a landmark RM1 billion Sukuk in 2015 aimed at funding infrastructure projects, which offered competitive yields compared to similar instruments in the industry. The company has also introduced innovative bond features, such as profit-sharing mechanisms that enhance investor returns, and consistently maintains strong credit ratings. Recent news highlights their strategic focus on green Sukuk to promote environmentally sustainable investments, reflecting a growing trend in the financial landscape.