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Abu Dhabi Islamic Bank arranges $32mln Structured Ijara financing for Waha Maritime

Posted on 04 January 2011

From Ameinfo.com: Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, has acted as Mandated Lead Arranger for the $32m structured Ijara facility to fund the acquisition of up to 6 Offshore Supply Vessels (OSVs) for Waha Offshore Marine Services (WOMS), the marine chartering and operations arm of Waha Maritime.
The financing represents an important milestone for Waha Maritime in its expansion in the Offshore Supply Vessel (OSV) sector. Waha Maritime is a subsidiary of Waha Capital, one of the Middle East’s leading diversified investment holding companies……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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