RHBBANK

8.250

(%)

OTHERS RHB ISLAMIC BANK BERHAD ("RHB ISLAMIC") ISSUANCE OF RM300.0 MILLION SENIOR SUKUK WAKALAH ("SENIOR SUKUK WAKALAH") UNDER A MULTI-CURRENCY SUKUK WAKALAH PROGRAMME OF UP TO RM5.0 BILLION (OR ITS EQUIVALENT IN OTHER CURRENCIES) IN NOMINAL VALUE BASED ON THE SHARIAH PRINCIPLE OF WAKALAH BI AL-ISTITHMAR ("SUKUK WAKALAH PROGRAMME") FOR THE ISSUANCES OF SENIOR SUKUK WAKALAH, TIER-2 SUBORDINATED SUKUK WAKALAH AND/OR ADDITIONAL TIER-1 CAPITAL SUKUK WAKALAH

RHB BANK BERHAD

Type Announcement
Subject OTHERS
Description 
RHB ISLAMIC BANK BERHAD ("RHB ISLAMIC")
ISSUANCE OF RM300.0 MILLION SENIOR SUKUK WAKALAH ("SENIOR SUKUK WAKALAH") UNDER A MULTI-CURRENCY SUKUK WAKALAH PROGRAMME OF UP TO RM5.0 BILLION (OR ITS EQUIVALENT IN OTHER CURRENCIES) IN NOMINAL VALUE BASED ON THE SHARIAH PRINCIPLE OF WAKALAH BI AL-ISTITHMAR ("SUKUK WAKALAH PROGRAMME") FOR THE ISSUANCES OF SENIOR SUKUK WAKALAH, TIER-2 SUBORDINATED SUKUK WAKALAH AND/OR ADDITIONAL TIER-1 CAPITAL SUKUK WAKALAH

RHB Bank Berhad is pleased to announce that its wholly-owned subsidiary, RHB Islamic had on 24 April 2026, completed its first Senior Sukuk Wakalah issuance of RM300.0 million in nominal value under the Sukuk Wakalah Programme.


The Senior Sukuk Wakalah, rated AA1 / Stable by RAM Rating Services Berhad, was issued for a tenure of five (5) years with a fixed periodic distribution rate of 3.79% per annum, payable semi-annually in arrears.


Proceeds raised from the Senior Sukuk Wakalah will be utilised for RHB Islamic's Shariah-compliant working capital, general banking purposes and/or refinancing of its outstanding Islamic financings or Shariah-compliant capital instruments.


This announcement is dated 24 April 2026.



Announcement Info

Company Name RHB BANK BERHAD
Stock Name RHBBANK
Date Announced 24 Apr 2026
Category General Announcement for PLC
Reference Number GA1-24042026-00023


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