Malaysia, July 28 -- The Asian Development Bank (ADB) will invest up to MYR300 million (approximately $75.8 million) in an Islamic bond (sukuk) issued by Sime Darby Property NEV (Holdings) Sdn Bhd. (a member of Sime Darby Property Berhad Group or Sime Darby Property) to support the development of digital infrastructure in Malaysia, reinforcing the country's ambition to become a regional leader in the digital economy.The investment is part of a sukuk wakalah program, an Islamic financing structure in which an agent deploys funds from multiple issuances into Shariah-compliant assets or businesses. It is Malaysia's first sukuk for digital infrastructure and ADB's first Islamic finance investment. Proceeds will fund the development of data cent...