Friday 18 Sep 2026
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KUALA LUMPUR (May 20): AEON Credit Service (M) Bhd (KL:AEONCR) has issued its 13th senior sukuk with a nominal amount of RM550 million, under a six-year tenure, via its RM5 billion sukuk wakalah programme.

Proceeds from the senior sukuk will be used for financing disbursements based on shariah principles, according to its bourse filing on Wednesday.

‘’The fund would also be used to refinance any existing loan or financing of the company, or any sukuk previously issued,’’ the filing to the bourse read, adding that all utilisation of proceeds under the sukuk wakalah programme shall be shariah-compliant.

The senior sukuk forms part of AEON Credit’s sukuk wakalah programme, which was upsized to RM5 billion from the RM2 billion programme it established in 2019.

Shares in AEON Credit closed up three sen or 0.5% to RM5.99 on Wednesday, valuing the group at RM3.06 billion. Year to date, the stock has rose 4.54%.

Edited ByPresenna Nambiar
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