Home » wire - Cagamas’ sukuk al-Amanah wins Islamic Deal of the Year

02/06/2011 02:24:44 PM GMT   Comments ()     Add a comment   Print     E-mail to friend

 [The Asset.Com] The innovative one billion ringgit (USD322.6 million) Sukuk al-Amanah Li al-Istithmar transaction by Malaysia’s national mortgage corporation, Cagamas Berhad, won the Islamic Deal of the Year Award in The Asset Triple A Islamic Finance Awards 2011 for its contribution to the development of Islamic capital markets. The transaction helps widen the investor base for the sukuk, particularly those targeting the Middle East markets. It bridges the Shariah compliance gap in the Islamic capital markets between Malaysia and the Middle East, and it should underpin greater collaboration in the future. This deal also garnered the award for the Best Deal in Malaysia. omar1.1
Source: AJP

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