MALAYSIA: Ihsan Sukuk has redeemed its first tranche of Sukuk Ihsan worth RM100 million (US$22.7 million) issued under its RM1 billion (US$226.99 million) Islamic medium-term note (IMTN) Sukuk Ihsan program (2015/2040) on the 17th June 2022, RAM Ratings announced in a statement. Ihsan Sukuk is an SPV established by Khazanah Nasional to support its corporate social responsibility efforts. The rating agency will maintain surveillance on the ‘AAA(s)/Stable’-rated program.