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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance, Performance more

Dubai Group’s $1.5bn multicurrency Murabaha transaction wins award for ‘Best Tawarruq Deal of Year 2008′

Posted on 10 March 2009

From Ameinfo.com: Dubai Financial Group has been awarded the ‘Best Tawarruq Deal of the Year 2008′ by Islamic Finance News for their $1.5bn facility arranged last August.

The facility was the largest ever multicurrency syndicated commodity Murabaha transaction in the world at that time. A total of 24 banks from across the Middle East, Europe and Asia participated in Dubai Group’s syndicated revolving Tawarruq facility. …. Full Article: Source

 
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