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Clifford Chance

Clifford Chance
News and awards

News and awards

15 March 2012

Clifford Chance advised on Mudarabah Deal of the Year, Sovereign Deal of the Year, Malaysia Deal of the Year and Trade Finance Deal of the Year announced at the Islamic Finance News Awards ceremony which took place in Dubai, in March 2012. EMEA

Mudarabah Deal of the Year:  Al-Jadaan & Partners Law Firm advised Bank AlJazira in relation to the issuance in the Kingdom of Saudi Arabia of a SAR1 billion (£170 million) Sukuk.

Soverign Deal of the Year; Malaysia Deal of the Year: Government of Malaysia Wakalah in relation to the issuance of US$1.25 billion global Sukuk.

Trade Finance deal of the Year: the largest cross-border Islamic facility in Indonesia and one of the largest-ever globally: PT Natrindo Telepon Seluler (AXIS), the Indonesian based subsidiary of Saudi Telecom Company (STC), on a USD1.2 billion multi-sourced Shariah compliant Islamic financing.