Tagged: Mitabu Australia

Australia’s first issuance of sukuk

Islamic Finance

2013-02-06

Australia’s first issuance of sukuk

SGI-Mitabu, a venture between The Solar Guys International and Mitabu Australia will finance its entire Indonesian solar power project using sharia-compliant financing. The first 50 megawatt (MW) of the 250 MW solar power project will be financed throu…

Solar guys shine light on Islamic debt structures

ASIA / Islamic Finance

2013-01-02

Solar guys shine light on Islamic debt structures

The marketing campaign of solar panel and heating installer The Solar Guys’ first sukuk has been going on for a while. The Islamic bond, due in the first half of 2013, serves to fund a 250MW solar power plant in Indonesia. The Solar Guys and Mitabu hav…

First Aussie sukuk taps Labuan for RM489mil

ASIA / Islamic Finance

2012-12-21

First Aussie sukuk taps Labuan for RM489mil

The SGI-Mitabu launched the first ever Aussie sukuk in the Malaisian offshore tax haven Labuan, thus avoiding Australian rules that penalize Sukuk. The offshore paradise Labuan which has established a global financial hub in 1990 is located on the coas…

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