Here are some important notes about Sukuk Prihatin. To view the full list of FAQ, please click here.
Q1. What is the tenure of the Sukuk Prihatin?
The Sukuk Prihatin will have a tenure of 2 years.
Q2. What is the size of the Sukuk Prihatin?
Up to RM500 million in nominal value.
Q3. What is the profit rate for the Sukuk Prihatin?
The profit rate for the Sukuk Prihatin is 2% p.a.
Q4. How often will the profit payment be paid to the sukukholders?
The profit payments will be paid on quarterly basis.
Q5. Will the profit rate for Sukuk Prihatin fluctuate throughout the tenure of the Sukuk?
No, the profit rate will be fixed throughout the tenure of the Sukuk Prihatin.
Q6. Can sukukholders request for early redemption?
No. Early redemption is not possible. All investments must be held until the maturity date which is 22 September 2022.
Q7. Can I make multiple applications for the Sukuk Prihatin?
Yes, you can. However, please avoid using multiple bank accounts to apply for the Sukuk Prihatin as only application from the bank account where first application was made will be accepted.
Q8. How will I know whether my application for the Sukuk Prihatin is successful or unsuccessful?
Notice on your application status shall be sent by the Primary Distribution Bank (Malayan Banking Berhad) via email registered by the Applicant during the application via DuitNow at HLB Connect Online/App fourteen (14) business days after 17 September 2020.
Q9. When can I get my refund if my application is unsuccessful or rejected due to error?
You will be notified via email within fourteen (14) business days after the offering period of the Sukuk Prihatin ends. All refunds shall be made via GIRO transfer by the Primary Distribution Bank directly to your account in HLB.
Q10. How do Sukukholders make changes to their email address/ bank account details in relation to the Sukuk subscription?
Changes can be made using the Sukuk Prihatin Maintenance Form within forty-five (45) calendar days from the closing of the offering date of the Sukuk Prihatin. No changes will be allowed post the said Period. Sukukholders are to download the form from link available in this page, complete the form and take it to any HLB branches.