Islamic finance awards 2013: Axiata renminbi sukuk

Most innovative deal

View the Islamic finance awards index

More Islamic finance deals of the year:
Deal of the year 
Best sukuk deal
Best Islamic project finance deal
Best real estate deal


Most innovative deal
Lead managers:
HSBC, CIMB, Merrill Lynch This was a deal in which the innovation-rich worlds of Islamic finance and dim sum renminbi bonds combined. It brimmed with novelty: it was the first rated sukuk in the Chinese currency; the first sukuk to use airtime vouchers as an underlying asset (Axiata is a Malaysian telco); and involved structural ingenuity, using the wakalah or agency structure.

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