Maybank has fully redeemed its RM1.56 billion Additional Tier 1 (AT1) Sukuk Mudharabah on its first call date, seven years after the Islamic capital securities were issued.
The banking group said the redemption was completed on the same day, Sept 25, 2026.
The AT1 Sukuk Mudharabah was originally issued on Sept 25, 2019, under Maybank’s sukuk programme, which has since been upsized from RM10 billion to RM30 billion in nominal value.
The securities were structured based on the Shariah principle of Mudharabah, a profit-sharing arrangement, and formed part of the banking group’s Additional Tier 1 capital instruments.
Maybank Investment Bank Bhd made the announcement on behalf of Maybank’s board of directors.
