Malaysia plans to raise as much as RM30bn (US$9.9bn) through an Islamic bond program to fund construction of a mass railway in the Southeast Asian nation's capital, Azhar Abdul Hamid, CEO of Mass Rapid Transit Corp. said. Dana Infra Sdn Bhd, a finance ministry company created to fund infrastructure development, will sell ringgit-denominated Islamic notes, or sukuk, with maturities of as much as 65 years. It will initially take a bridging loan of RM500m from a consortium of banks to cover early building work, he said.