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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Viva seals $280mln Shariah financing deal

Posted on 03 February 2011

From Tradearabia.com: Viva Bahrain, the newest player in the Kingdom’s telecom sector, has signed a $280 million Shariah compliant financing facility with two of the region’s key financial institutions, HSBC and Saudi-based Samba.
The facility is seen as a highly sought after opportunity to establish long term business partnership with Saudi Telecom Company’s wholly-owned subsidiary brand named Viva in Bahrain……………………………………….Full Article: Source

 
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