Lynx Asia, investment and financial firm based in Singapore, acts as special purpose vehicle (SPV) for conducting asset swap for Bank Muamalat, pioneer of sharia banking in Indonesia. The asset swap will value at Rp6 trillion. The same investor who will acquire assets of Bank Muamalat is set to act as standby buyer for Islamic bonds (sukuk) issued by Bank Muamalat. So SPV or new investor would prepare Rp8 trillion in total for acquiring assets of Bank Muamalat. The question for new investors are the quality of bonds issued by Bank Muamalat. Bank Muamalat also offers no coupon on its bonds. To subscribe please click here