Islamic finance - Winner: MRCB Southern Link

Bookrunner: HSBC Bank Malaysia

Malaysian Resources Corporation Berhad's (MRCB) completed the world's first ever combination of Islamic and conventional financing on June 10, through MCRB Southern Link Berhad (MSLB), a funding vehicle set up to finance the construction of a major toll road connecting Singapore with Malaysia - the Eastern Dispersal Link (EDL) expressway in Johor Bahru.

The resulting deal, denominated in Malaysian ringgit, combined a MYR845 million fixed rate senior Islamic sukuk ($2

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