Revised Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors

The Securities Commission has revised and published on its website the Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors on 26 November 2019. The revision includes but not limited to updating definitions, amending paragraphs to reflect the revised ruling of the Shariah Advisory Council (SAC), and adding new paragraphs under the Sustainable and Responsible Investment (SRI) Sukuk chapter.

Some of the highlights of the new revision are;
  1. ​​Amended paragraph on Waiver of sukukholder’s right in Additional Tier 1 (AT1) sukuk and Tier 2 sukuk to reflect the new ruling of the SAC: 1.PNG
  2. A new definition of SRI sukuk has been introduced to provide clarification on the terminology used: 2.PNG
  3. Revised categories of eligible SRI projects in line with international standards: 3.PNG
Read the full version of revised Guidelines on Issuance of Corporate Bonds and Sukuk to Retail Investors here and the summary of the amendments here.

This report has been prepared and issued by Bond and Sukuk Information Platform Sdn Bhd (“the Company”). The information provided in this report is of a general nature and has been prepared for information purposes only. It is not intended to constitute research or as advice for any investor. The information in this report is not and should not be construed or considered as an offer, recommendation or solicitation for investments. Investors are advised to make their own independent evaluation of the information contained in this report, consider their own individual investment objectives, financial situation and particular needs and should seek appropriate personalised financial advice from a qualified professional to suit individual circumstances and risk profile.
The information contained in this report is prepared from data believed to be correct and reliable at the time of issuance of this report. While every effort is made to ensure the information is up-to-date and correct, the Company does not make any guarantee, representation or warranty, express or implied, as to the adequacy, accuracy, completeness, reliability or fairness of any such information contained in this report and accordingly, neither the Company nor any of its affiliates nor its related persons shall not be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) of any reliance thereon or usage thereof.
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