Bank Islam wins best new Sukuk quasi-sovereign award

The award makes the fourth recognition received by Bank Islam at The Asset Triple A Islamic Finance Awards.

KUALA LUMPUR: Bank Islam Malaysia Bhd clinched The Best New Sukuk Quasi-Sovereign Award at The Asset Triple A Award ceremony held virtually on Sept 15.

In a statement on Friday, Bank Islam said the award recognises the bank role as the principal adviser, lead arranger, joint lead managers (JLM) and shariah adviser for Pengurusan Air Selangor Sdn Bhd (Air Selangor) RM1.1bil Murabahah sukuk.