IFN OnAir

CIMB Islamic talks about landmark sustainable collateralized commodity Murabahah transaction

August 17, 2022 Ahmad Shahriman Mohd Shariff
IFN OnAir
CIMB Islamic talks about landmark sustainable collateralized commodity Murabahah transaction
Show Notes

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.