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Deployments · platform by CIMB Group

CIMB tokenised deposit and tokenised sukuk pilotNew

CIMB's pilot in Bank Negara Malaysia's Digital Asset Innovation Hub, one of three the central bank onboarded in February 2026. CIMB is testing tokenised deposits for capital-markets and treasury workflows (delivery versus payment, regulatory reporting, programmable payments and intragroup liquidity) and says integration with RENTAS and the Central Depository System is a design condition. In August 2026 CIMB Islamic Bank completed what it called Malaysia's first settlement of tokenised sukuk with tokenised deposits: a RM1.68 billion issuance under its RM10 billion Senior Sukuk Wakalah Programme with five- to 15-year tenors, of which RM1.38 billion was issued in tokenised form to 12 institutional investors and RM300 million conventionally. No ledger or technology provider has been named.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Pilot since 11 Feb 2026[1] — Supervised pilot in a controlled environment; one tokenised sukuk issuance settled (August 2026). · Reviewed 12d ago

Assets
Debt securityBank deposit[2]
CIMB tokenised deposits used to settle the tokenised sukuk
[2]
CIMB Islamic tokenised senior sukuk wakalah (RM1.38bn, 2026)
Networks
Unknown ledger Not disclosed[2]
CIMB says it used distributed ledger technology but names no ledger.
Use cases
Primary issuance[2][3]Delivery versus payment (DvP)[2][3]Programmable payments[4]Treasury management[4]
Jurisdictions
Malaysia

Participants

Assets

Metrics

  • 1,380,000,000 MYRTokenised sukuk issued · as of 27 Aug 2026[2][3]
    Tokenised portion of a RM1.68bn issuance; RM300m was issued conventionally.

Timeline

  1. Happened 27 Aug 2026 · First transaction · recorded 27 Oct 2026
    CIMB Islamic completes the pilot settlement of RM1.38bn of tokenised sukuk with tokenised deposits, part of a RM1.68bn issuance under its senior sukuk wakalah programme.[2][3]
  2. Happened 11 Feb 2026 · Announcement · recorded 27 Oct 2026
    Bank Negara Malaysia approves CIMB's participation in its Digital Asset Innovation Hub to test tokenised sukuk issuance and tokenised deposit settlement.[1]

Sources

  1. [1]CIMB advances bank-grade tokenisation capabilities through BNM's Digital Asset Innovation Hub — CIMB, 11 Feb 2026. Accessed 27 Oct 2026.B
  2. [2]CIMB successfully completes its pilot of Malaysia's first tokenised deposit settlement of tokenised sukuk — CIMB, 27 Aug 2026. Accessed 27 Oct 2026.B
  3. [3]CIMB advances tokenised sukuk push with RM1.68bil pilot — New Straits Times, 27 Aug 2026. Accessed 27 Oct 2026.C
  4. [4]Malaysia's tokenisation pilots target cross-border wholesale frictions — The Asian Banker, 23 Apr 2026. Accessed 27 Oct 2026.C
  5. [5]Cover Story: Banks shift tokenisation into higher gear — The Edge Malaysia, 5 Oct 2026. Accessed 6 Nov 2026.C

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