Syariah-compliant growth for retail chain

(From left) AEON BiG head of marketing Nazwan Effendy Choong, Sheikh Farouk, Cheah, Raja Amir and HSBC Malaysia global banking head of multinationals Shreyas Krishna at the signing ceremony, marking a collaboration between AEON BiG and HSBC Amanah to execute AEON BiG’s first Islamic financing facility.

AEON BiG (M) Sdn Bhd and HSBC Amanah have partnered to create AEON BiG’s first Islamic financing facility.

The RM150mil transaction would be used to support AEON BiG’s general working capital purposes, that are vital for daily business operations in Malaysia.