Fusang receives IFN "Most Innovative Deal of the Year 2023" Award at the Kuala Lumpur Awards Ceremony

Fusang Exchange, Asia's fully regulated digital securities exchange, is honoured to receive the Most Innovative Deal 2023 Award from Islamic Finance News (IFN) for successfully tokenising and listing the world's first institutional tokenised sukuk. This groundbreaking digital sukuk is based on an underlying sukuk issued by the International Islamic Liquidity Management Corporation (IILM) and listed on the Fusang Exchange. The tokenised sukuk was a runner-up for the overall "Deal of the Year 2023" award.

This recognition is for the landmark achievement of taking an underlying A1-rated and shariah-compliant sukuk, and listing it in tokenised form - a leap forward for the real world asset and tokenised security industry, and for the future of digital Islamic finance.

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This prestigious award from Islamic Finance News recognises Fusang's success in bridging traditional Islamic financial markets and digital finance. Fusang is committed to further innovating and expanding access to Shariah-compliant investments in order to attract global liquidity to Islamic financial instruments.

For further details of the award please visit: https://www.islamicfinancenews.com/daily-cover-story-ifn-reveals-winners-of-ifn-deals-of-the-year-2023-awards-shortlists-five-transactions-for-ifn-overall-deal-of-the-year.html