As 2023 comes to a close, Adnan Sundra & Low is delighted to share with you that the firm has accomplished a historic achievement by winning 13 out of 32 deal award categories at the Asset Triple A Islamic Finance Awards 2023.
This marked a momentous milestone, distinguishing Adnan Sundra & Low as the only Malaysian law firm to have achieved such a record of wins in the 14-year history of the awards, specifically in the 9 years since the introduction of the ”Best Deals By Country” category.
The Awards celebrates excellence and innovation in deal-making, and honours organisations and individuals making significant contributions to the growth and development of Islamic finance. The firm is thankful to their clients, partners and associates involved in the winning deals, this success is clear market recognition of the firm's dedication, teamwork and expertise across a wide range of sectors within Islamic finance.
Adnan Sundra & Low's award winning deals comprised:
Best sustainability sukuk - Corporate
-MYR 1.5 billion sustainability wakala sukuk
Best sustainability sukuk – Financial institution
-MYR 300 million dual-tranche sustainability wakala sukuk
Best sustainability sukuk - SMEs
-MYR 500 million sustainability wakala bi-istithmar sukuk
Best sustainability sukuk – Transport
-MYR 5.5 billion sustainability murabaha sukuk
Best local currency sukuk
-MYR 650 million wakala sukuk
Best corporate sukuk – Real estate
-MYR 550 million wakala sukuk
Best corporate sukuk – Power
-MYR 4 billion multi-tranche wakala sukuk
Best corporate sukuk – Energy service provider
-MYR 500 million senior wakala bi al-istithmar sukuk
Best bank sukuk
-MYR 1.5 billion dual-tranche wakala sukuk
Best liability management
-MYR 25.2 billion musharaka and murabaha sukuk
Best securitisation sukuk
-MYR 474 million medium-term murabaha sukuk
Best sukuk restructuring deal
-MYR 1.126 billion senior musharaka sukuk/MYR 2.209 billion subordinated musharaka sukuk programme
Best equity placement
-MYR 465.9 million primary placement/secondary selldown
