KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).
Business : Govt Allocates RM1 Bln To UJSB For Early Redemption Of Sukuk In 2027
UJSB, TH, sukuk, asset, allocation, obligation, fi
BE Bernama 
Key takeaways
The government allocated RM1 billion to UJSB for sukuk redemption in 2027 to support TH's cash flow.
- RM1 billion allocated to UJSB for early sukuk redemption in 2027.
- UJSB has recorded operating profits since 2019 despite accumulated losses.
- UJSB's losses stem from asset acquisitions and sukuk profit costs.
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- Bernama Business : Govt Allocates RM1 Bln To UJSB For Early Redemption Of Sukuk In 2027 (this story)