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Wednesday, 28 October 2026

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NPE Launches World’s First Sustainability-Linked Sukuk For Highway Project

By Chee Liang CFA4 min read

Kuala Lumpur, 9 July 2026 – New Pantai Expressway Sdn Bhd has issued a landmark Sustainability-Linked Sukuk for the New Pantai Highway Extension project, setting a new benchmark for sustainable infrastructure financing and Islamic capital markets.

NPE, a wholly owned subsidiary of IJM Corporation Berhad, successfully issued the sukuk under its unrated Islamic Medium Term Notes Programme of up to RM1.42 billion in nominal value. The initial issuance size is RM54 million.

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Author

  • Chee Liang CFA

    Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.