AEON Credit Issues 10th Sukuk Wakalah Of RM150 Mln

KUALA LUMPUR, July 14 (Bernama) -- Aeon Credit Service (M) Bhd has made its 10th issuance of sukuk wakalah under the Islamic commercial papers (ICP) programme today, with a total nominal amount of RM150 million and a 179-day tenure starting from July 14, 2025.

“The proceeds will be utilised for financing of disbursements to customers in the ordinary course of business of providing consumer financing based on Shariah principle, financing expenses relating to the ICP programme, and refinancing any existing and future Islamic financing facilities of the issuer,” it said in a Bursa Malaysia filing.

-- BERNAMA