Mohamed Hassan

Baker & McKenzie act for Saudi Binladin Group on SAR 1,000,000,000 sukuk

Baker & McKenzie assisted Saudi Binladin Group with a SAR 1,000,000,000 short term sukuk al murabaha. The sukuk was issued by SBG Sukuk Limited as an exempt offering in Saudi Arabia. The sole Lead Manager in relation to the transaction is HSBC Saudi Arabia.

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Takaful Malaysia May Consider Intellectual Capital From Foreign Partners

Kumpulan Takaful Malaysia may consider getting "intellectual capital" from foreign partners.
Mohamed Hassan said Takaful Malaysia was adequately capitalised but it could use some intellectual capital such as technical support, especially in the finance area.
The Indonesian operation contributed about five per cent to the total revenue but has potential in terms of growth.

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