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NIB closes $300m Murabaha facility for Bank AsyaDubai-based Noor Islamic Bank, as initial mandated lead arranger and book runner with ABC Islamic Bank, National Bank of Abu Dhabi and Standard Chartered Bank, has closed a $300-million dual currency Murabaha facility for Turkey’s Bank Asya. More… |
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Unicorn repays $125m Murabaha facilityUnicorn Investment Bank has announced the repayment of a $125 million three-year syndicated commodity Murabaha facility. The facility was arranged on its behalf by Dubai Bank and Raiffeisen Zentralbank Österreich (RZB) in January 200 More… |
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Dubai Group sets up bank panel for debt talksDubai Group, a unit of conglomerate Dubai Holding, is setting up a committee of banks to discuss its debt commitments, and said on Thursday it will continue to service its debts. 'These discussions are making good progress and Dubai Gr More… |
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Investment Dar eyes Asia for $300m facilityKuwait-based Islamic investment company The Investment Dar is planning to market its $300-million syndicated Murabaha facility in Asia. 'The funds raised would finance The Investment Dar’s diversification into new areas of investment oppor More… |
