A memorandum of understanding on issuing Sukuk sovereign bonds for Tatarstan was on December 13 signed in Kuala Lumpur, Malaysia.
The signing took place within the Tatarstan President’s two-day working visit to Malaysia. A memorandum of understanding on issuing Sukuk sovereign bonds for Tatarstan was on December 13 signed in Kuala Lumpur, Malaysia.
The signees were Tatarstan President Rustam Minnikhanov, Linova investment and finance company general director and nonprofit Islamic business development fund president Linar Yakupov, Amanah Raya Berhad group board chairman Dato Haji Dusuki Ahmed and Kuwait Finance House Malaysia group director Jamelah Jamaluddin.
The ceremony took place within a R. Minnikhanov’s two-day working visit to Malaysia.
The Amanah Raya Berhad group’s board chairman Dato Haji Dusuki Ahmed said before the ceremony he expected all the initiatives, plans and prospects for cooperation between Tatarstan and Malaysia would be effective, mutually beneficial and would strengthen the diplomatic and business relations of the two regions, the Tatarstan President’s press service reports.
The Amanah Raya Berhad group was founded on May 1, 1921. It is the market leader in providing trust management and services related to testaments. The firm has 19 branches across Malaysia and is headquartered in Kuala Lumpur. The revenues in 2007 were $183.97 million, personnel are 700.
Source: tatar-inform.ru
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