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Elaf Bank has concluded an Ijarah Muntahia Bittamalluk facility to Serba Dinamik Sdn Bhd to finance a 5-year contract awarded by Petronas Carigali Sdn Bhd. SDSB is a Malaysian based company providing fully integrated and specialized engineering and maintenance services to oil and gas, petrochemical, and utilities companies in Malaysia, Indonesia and the Middle East and North Africa region.
Elaf Bank is the lead arranger and advisor for the USD5.0 million funding exercise, and the underwriter for Tranche 1 of the financing………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more
Elaf Bank extends Islamic financing facility in Malaysia
| Posted on 31 January 2012 |
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