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KNIGHT Frank Malaysia, which has established a strong presence in the local market, will be responsible for the marketing of Kuala Lumpur Golf Country Club#8217;s (KLGCC) upcoming residential property project comprising 128 upmarket resort villas.
THE Islamic capital markets offer a range of products with an international appeal to suit the financial needs of issuers, but most Malaysian issuers have not bothered to venture beyond the Bai Bithaman Ajil (BBA) (deferred payment sale) type of issuance such as BBA Islamic debt issuance (BaIDS) or the Murabaha commercial paper/medium term notes programme.
THE only difference in executing an Islamic versus a conventional product is the way the agreement is executed, the rest is status quo.