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Finance

SimeProp NEV in RM2.6bil DC sukuk programme - The Star

SimeProp NEV in RM2.6bil DC sukuk programme The Star

Source: The Star · July 29, 2026 at 6:54 AM · AI-assisted report

SimeProp NEV in RM2.6bil DC sukuk programme - The Star

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Photo: Wikimedia Commons

KUALA LUMPUR, 29 JULY 2026 —

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Sime Darby Property's subsidiary, SimeProp NEV, has launched a RM2.6 billion dual-class sukuk programme. The programme was announced on July 28, according to a report by The Star. Details not yet available on the specific terms and tranches of the sukuk programme.

The launch of the RM2.6 billion sukuk programme by SimeProp NEV is significant for Malaysia's financial market. It indicates the continued growth and development of the Islamic capital market in the country. The programme's size and scope suggest a substantial investment in the Malaysian economy, which may have implications for the country's financial sector and overall economic development.

Related: Sime Darby

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Asean equities in stronger investment phase Stock Market Today (July 29, 2026): Sensex Jumps Over 700 Points, Nifty Surges As Asian Markets Rebound Ahead Of US Fed Decision Why market is rising today: Sensex surges 800 pts, Nifty tops 24,200 despite spike in oil prices TSMC’s AI Chip Dominance Strengthens Its Credit Outlook

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