Malaysia Just Priced Its First Tokenised Sukuk. Here's What Actually Changed.
Kuala Lumpur financial district. Settlement rails moving onto institutional EVM subnets backed by Khazanah and CIMB.
RM100 million, priced this week, backed by Khazanah, CIMB, Maybank, and sovereign pension funds. The underlying Wakalah contract remains classical, but the secondary settlement layer eliminates three days of counterparty friction. Here is the legal, financial, and Shariah architecture of what actually moved.
