PETALING JAYA (July 23, 2013): DanaInfra Nasional Bhd, a wholly-owned unit of the Minister of Finance Inc tasked with helping source for funds to finance public infrastructure projects, will be paying the first profit payment of its DanaInfra Retail Sukuk to its retail investors on Aug 13.

Sukuk have provided an avenue for issuers to tap new sources of funding and provided a new asset class for investors.

As at Dec 31, 2012, the size of sukuk outstanding globally was Ł160 billion (RM758.4 billion) with Malaysia making up 68% of the market.

The government is expected to draw down RM1.5bil from its Islamic bond programme in July to pay construction claims for the mass rapid transit (MRT) project, sources said.

KUALA LUMPUR, 20 Mac (Bernama) -- DanaInfra Nasional Bhd memperoleh kelulusan Kementerian Kewangan yang mengecualian bayaran duti setem ke atas nota-nota kontrak yang dilaksanakan apabila DanaInfra Retail Sukuk di senarai Bursa Malaysia Securities. DanaInfra berkata pengecualian itu berkuat kuasa 7 Mac.

DanaInfra Nasional Bhd has obtained the Finance Ministry's approval for the exemption of stamp duty payable for contract notes executed upon trading of DanaInfra Retail Sukuk on Bursa Malaysia Securities.

KUALA LUMPUR: DanaInfra Nasional Bhd has obtained the Finance Ministry’s approval for the exemption of stamp duty payable for contract notes executed upon trading of DanaInfra Retail Sukuk on Bursa Malaysia Securities.