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Qatar’s Nakilat signs $380mln Islamic loan

Posted on 13 August 2012

Qatar Gas Transport Co (Nakilat), the world’s largest shipper of liquefied natural gas (LNG), signed a $380 million murabaha-structured Islamic loan, a statement from one of the banks providing the finance said on Sunday.
Qatar Islamic Bank provided $180 million of the facility, the bank said in a bourse filing. Qatar International Islamic Bank provided the remainder of the cash. No other details of the deal were provided………………………………………..Full Article: Source

 
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