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The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, signed a $180m syndicated structured Murabaha Agreement with Societe Anonyme Marocaine de l’Industrie du Raffinage (SAMIR) in Morocco, for the import of crude oil and petroleum products.
The agreement was signed by Eng. Hani Salem Sonbol, Acting CEO of ITFC and Eng. Jamal Ba’amer, General Manager of SAMIR in the presence of H.E El-Sheikh Mohammed Hussei Al-Amoudi, Chairman of the Board of SAMIR………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Finance, Market Moves more
ITFC, SAMIR sign $180mln framework agreement
| Posted on 25 April 2012 |
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