An implantable prosthetic valve (100) has an upper frame section (202) and a lower frame section (204). The upper frame section has a plurality of struts (404, 406) and a first leaflet receiving surface at a lower portion of the upper frame section. The lower frame section has a second leaflet receiving surface at an upper portion of the lower frame section. An edge of a flexible leaflet (106) is disposed between the first and second leaflet receiving surfaces to attach the leaflet to the upper and lower frame sections.