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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more

Record Islamic finance deal agreed in in Turkey

Posted on 17 September 2012

Al Baraka Turk Participation Bank, the Turkish subsidiary of Bahrain-based Al Baraka Banking Group, has concluded a record Islamic finance deal in Turkey worth $450 million with the participation of a group of major international banks.
Thirty-two banks from 16 countries covering the main financial centres in the world took part in the facility, including Standard Chartered Bank, Noor Islamic Bank, ABC Islamic Bank and Emirates NBD. Bank Islam Brunei Berhad Darussalam and Al Hilal Bank were nominated as mandated lead arrangers………………………………………..Full Article: Source

 
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