MUFG sees a bright future for Islamic financing

The Japanese megabank has closed its first Sharia-compliant financing with a $35 million facility for a large solar project in Malaysia. And it sees more opportunities ahead.

Andrew Wright

January 11, 2019

MUFG’s Malaysian subsidiary closed a M$144 million ($35 million) Shariah-compliant project financing facility for Tenaga Nasional Berhad’s (TNB) new large-scale solar (LSS) plant on January 10.

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Debt
North Asia
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