Bursa Malaysia launches Islamic Securities Selling and Buying Negotiated Transaction

KUALA LUMPUR: Bursa Malaysia Bhd launched the world’s first Shariah-compliant alternative to the Securities Borrowing and Lending Negotiated Transaction (SBLNT) framework, called Islamic Securities Selling and Buying Negotiated Transaction (ISSBNT).…

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Malaysian property developer to originate first real estate unbilled sales-backed Sukuk

MALAYSIA: A Malaysian property developer is expected to issue a real estate unbilled sales-backed Sukuk facility this Friday, believed to be the first Shariah compliant securitization of progress billings in the…

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