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Türkiye Finans in $350mln murabaha syndicated deal

Posted on 16 May 2012

Türkiye Finans, Turkey’s leading participation bank, has signed the largest murabaha syndicated deal of the participation banking with a sum of $350 million dollars. Led by ABC Islamic Bank, HSBC, Noor Islamic Bank and Standard Chartered Bank, the consortium included a total of 29 banks from 15 countries.
With this murabaha syndicated loan deal, Türkiye Finans continues to create added-value for Turkish economy by supporting the companies in need of corporate financing and SMEs in particular………………………………………..Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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