This means that out of RM51 billion in financing extended by CIMB Islamic across Malaysia, Singapore and Indonesia, consumer banking contributed RM30 billion. So, what we did was come up with an embedded model which enables both our CIMB Islamic and our conventional side from CIMB Group to tap the same talent. Since then, CIMB Islamic became the sole lead arranger, leader manager and syariah adviser for Khazanah Nasional Bhd’s RM1 billion SRI sukuk. Can we expect more SRI activities, especially given that the Securities Commission (SC) has rolled out its SRI Sukuk Framework? Would CIMB Islamic be interested in managing assets with SRI funds, and if so, have you reached out to SC?

Source: New Strait Times September 18, 2017 04:52 UTC