Commenting on the win at the awards ceremony in Kuala Lumpur, Dato' Yusli Mohamed Yusoff, Chief Executive Officer of Bursa Malaysia said, "We are honoured by this award which recognises the commitment Bursa Malaysia has made into producing innovative solutions that meet investors' and market participants' needs on the Islamic front. Bursa Suq Al-Sila' has made inroads into providing a Shar'iah alternative towards commodity financing and liquidity management for Islamic banks, both locally and globally. Hence, this recognition is very timely in acknowledging the Exchange's contribution towards progressing the Islamic finance sector."
The Asset Triple A Awards recognise industry's product and service excellence in Asia. A stringent methodology was adopted to assess and select the winners and the awards are adjudicated by The Asset's Board of Editors.
This recognition by The Asset added a feather to the cap for Bursa Suq Al-Sila' which received the ‘Most Outstanding Islamic Finance Product' award last year by the KLIFF Islamic Finance Awards.