19 February 2021
Dear valued clients, colleagues and friends,
Our partners, Mr. Rabindra Nathan and Ms. Christina Kow, participated in a refresher course organised by the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) for its member banks.
They spoke on the issues revolving enforceability of, and selection of governing law for, the Tahawwut Master Agreement (TMA), which was developed jointly by both International Swaps and Derivatives Association (ISDA) and International Islamic Financial Market (IIFM).
We assisted in developing the Malaysian Schedule to the TMA as an option for Islamic banks in Malaysia to undertake Islamic derivatives and hedging transactions under a Malaysian law governed TMA.
For further information regarding financial services matters, please contact our Financial Services Practice Group.
For further information, please contact:
Rabindra S. Nathan, Partner, Shearn Delamore & Co
rabindra@shearndelamore.com