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Islamic Finance Briefing - Categorized | Banking, Finance more

Adib provides Dh275mln loan to JBF RAK

Posted on 08 February 2012

Abu Dhabi Islamic Bank (Adib) will provide Dh275 million ($75 million) syndicated Islamic financing facility to JBF RAK, a subsidiary of JBF Industries.
This marks the debut Islamic finance facility for JBF RAK, a specialist polymer manufacturer focused on PET polymer resin chips (chips) and BOPET film products (films). It is a leader in the Middle East region with a market share of over 20% in chips and film products………………………………………..Full Article: Source

 
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