Maybank bags 20 awards

The Bank which structured its first Shariah-compliant hotel financing deal in Singapore last year also won the in the category for Best Islamic Deal, Singapore award, it said.


Innovation key for future impact of Islamic finance

A customer buys an easily saleable asset from an Islamic bank at a marked-up price, to be paid at a later date, and quickly sells the asset to raise cash for the purpose of obtaining liquidity.