KUALA LUMPUR, April 28 (Xinhua) -- Malaysia's sovereign wealth fund Khazanah Nasional Berhad, in collaboration with capital markets regulator the Securities Commission Malaysia (SC), has successfully priced Malaysia's first tokenized sukuk worth 100 million ringgit (about 25.3 million U.S. dollars), marking a milestone in digital innovation within the domestic capital market, the two parties said in a statement on Tuesday.
A tokenized sukuk is a digital representation of a traditional capital market instrument, created using distributed ledger technology. This enables a secure and immutable "digital twin," enhancing transparency, efficiency and accessibility for market participants.
"This tokenized sukuk, in collaboration with the SC, reflects that role by taking a practical step towards exploring how digital technology can improve how we issue and manage capital market instruments," Khazanah managing director Amirul Feisal Wan Zahir said.
SC chairman Mohammad Faiz Azmi also said the collaboration signals Malaysia's readiness to shape the future of digital finance and aligns with the Capital Market Masterplan 2026-2030, which emphasizes innovation and improved market connectivity. ■
