CIMB Just Settled $342M in Tokenized Sukuk Using Tokenized Deposits. Malaysia’s Islamic Finance Market Is the Testing Ground.
CIMB Islamic Bank Berhad has executed the first tokenized deposit settlement of tokenized sukuk in Malaysia, marking a significant operational shift for the world’s largest domestic sukuk primary market. The transaction involved RM1.38 billion, approximately $342 million, of a total RM1.68 billion issuance under the bank’s RM10 billion Senior Sukuk Wakalah Program. Twelve institutional investors […]
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- 2026-08-31 05:45 UTC
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- 2026-08-31 05:46 UTC
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- CIMB Just Settled $342M in Tokenized Sukuk Using Tokenized Deposits. Malaysia’s Islamic Finance Market Is the Testing Ground.
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Reviewed Forkast News reporting on Payments and Tokenisation matters for Stablecoin payments readers.
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Forkast News reported the item at 2026-08-30T09:13:57.000Z.
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