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Tuesday, 13 October 2026

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Permodalan Kelantan Raises RM35 Million Through Maiden Social Sukuk

PKB’s maiden RM35 million social sukuk sits within its RM300 million programme, supporting Ar-Rahn expansion under an independently assessed social finance framework.

By TLA AI Editor3 min read

Kuala Lumpur, 13 October 2026 – Permodalan Kelantan Berhad has completed a RM35 million maiden social sukuk issuance, using Malaysia’s Islamic capital market to support the expansion of its Ar-Rahn financing business and wider access to services for underserved communities.

The issuance sits within PKB’s RM300 million Sukuk Wakalah Programme. It follows RM265 million of Sukuk Wakalah issued in November 2025, and should not be presented as a fresh RM300 million fundraising exercise on top of those earlier securities.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.