Sign up for our free daily newsletter
YOUR PRIVACY - PLEASE READ CAREFULLY DATA PROTECTION STATEMENT
Below we explain how we will communicate with you. We set out how we use your data in our Privacy Policy.
Global City Media, and its associated brands will use the lawful basis of legitimate interests to use
the
contact details you have supplied to contact you regarding our publications, events, training,
reader
research, and other relevant information. We will always give you the option to opt out of our
marketing.
By clicking submit, you confirm that you understand and accept the Terms & Conditions and Privacy Policy
The structured financing arrangement enabled a commodity transaction to finance an interest in a Melbourne property by Tabung Haji, one of Malaysia’s largest pension funds. Ashurst acted for Tabung Haji on the deal, as well as investment manager CIMB-TrustCapital.
Parallel considerations
While the financing structure must adhere to Shari’ah principles, the governing law of the relevant transaction documents is the law of the relevant jurisdiction in which the transaction takes place.
Growing trend
According to Mr Ng, the demand for Shari’ah compliant financing, especially in the real estate sector, is a growing trend driven by both Australian and off shore investors. Source: Australasian Lawyers
Email your news and story ideas to: [email protected]
