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CIMB Islamic Bank recently entered into a RM1 billion (US$224.74 million) sustainable collateralized commodity Murabahah (CCM) transaction with Standard Chartered Saadiq Malaysia. We spoke to Ahmad Shahriman Mohd Shariff, CEO of CIMB Islamic, on the back of this landmark deal to understand its structure and significance.
By IFN Islamic Finance news3
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CIMB Islamic Bank recently entered into a RM1 billion (US$224.74 million) sustainable collateralized commodity Murabahah (CCM) transaction with Standard Chartered Saadiq Malaysia. We spoke to Ahmad Shahriman Mohd Shariff, CEO of CIMB Islamic, on the back of this landmark deal to understand its structure and significance.