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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more

MDV plans Islamic loans

Posted on 19 January 2011

From Thestar.com.my: Malaysia Debt Ventures Bhd (MDV), which funds tech start-ups, will offer Islamic loans convertible into equity in March to boost its earnings and pave the way for it to undertake musharaka and mudaraba partnership financing.
The scheme would give the government agency an option to convert part of the loan into equity upon the occurrence of stipulated events such as mergers, acquisitions or initial public offerings, its chief executive Zubir Ansori Yahaya said……………………………………….Full Article: Source

 
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