KUALA LUMPUR, Aug 6 (Bernama) — Kebawah Duli Yang Maha Mulia (KDYMM) Sultan of Terengganu, Al-Wathiqu Billah Sultan Mizan Zainal Abidin Ibni Almarhum Sultan Mahmud Al-Muktafi Billah Shah, graced the official launch of the Wakaf for Environmental Sustainability: Terengganu Turtle Conservation and RHB Sukuk Dana Hafeez at The Westin Kuala Lumpur on 4 August 2025. The event marked a new strategic partnership through a Memorandum of Agreement (MoA) between Universiti Malaysia Terengganu (UMT) and RHB Islamic Bank Berhad (RHB Islamic) for the Wakaf for Environmental Sustainability: Terengganu Turtle Conservation,with the objective of advancing the turtle conservation initiative.
As a significant first step, RHB Islamic International Asset Management Berhad (RHBIIAM) introduced the RHB Sukuk Dana Hafeez, a Shariah-compliant sukuk investment fund. Returns generated from this fund will be fully channelled into UMT’s Wakaf Fund for Education and Welfare, with the aim of supporting the long-term sustainability of the Wakaf for Environmental Sustainability: Terengganu Turtle Conservation initiative. This collaboration positions RHB Islamic and RHBIIAM as key corporate partners in mobilising sustainable funding for both education and environmental preservation.
