Power List of Sukuk and Islamic Finance.
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Ms. Raja Teh Maimunah Raja Abdul Aziz has been Chief Executive Officer for Hong Leong Islamic Bank Berhad since October 2011. Ms. Raja Abdul Aziz has been Managing Director of Hong Leong Islamic Bank Berhad at Hong Leong Bank Bhd, since November 2011.
She has over 18 years of experience in the financial industry, focusing on Investment Banking and Islamic Finance. She served as the Global Head of Islamic Markets at Bursa Malaysia. She served as the chief corporate officer and head of International Business at Kuwait Finance House Malaysia and chief executive officer of Bank AlKhair Malaysia (previously Unicorn Investment Bank).
She also served in CIMB Investment Bank covering the debt and equity origination and equity sales and was responsible for the establishment of the investment banking division in RHB Investment bank in 2004. She is also the adviser on Islamic Banking and Finance to the World Islamic Economic Forum Foundation. She holds an LLB (Hons) degree from the University of East London.
Tose'e Melli Mining and Industries Company is raising 1.62 trillion rials through the use of an Istisna Sukuk structure on the Tehran Stock Exchange.
Moody’s downgraded the sovereign ratings of Bahrain to Ba1, and placed it on review for further downgrade together with other GCC countries.
1MDB defaulted on the USD1.75bn 5.75% bond issued by 1MDB Energy (Langat) Limited (Langat Notes) in 2012 after missing USD50.3m interest payment due f