MUFG sets up $5b Islamic securitisation programme in Malaysia

MUFG sets up $5b Islamic securitisation programme in Malaysia

A man walks out form a branch of the Mitsubishi UFJ Financial Group's bank of Tokyo-Mitsubishi UFJ in Tokyo, Japan, February 1, 2016. REUTERS/Yuya Shino

Mitsubishi UFJ Financial Group (MUFG) has set up a 20 billion ringgit ($5 billion) Islamic securitisation programme in Malaysia, a bank official told Reuters, as Japan’s largest lender strives to become a key player in Islamic finance.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter