A boutique Gulf investment bank has sourced millions of dollars of sharia-compliant funding for a Brazilian sugar and ethanol maker, in a deal that shows how smaller firms are creating new investment possibilities for the Gulf’s wealthy Islamic lenders.
The deal, brokered by Abu Dhabi Equity Partners, will finance an unnamed chemical alcohol producer in the Brazilian state of Mato Grosso do Sul, while at the same time creating a three-month investment opportunity for the undisclosed Gulf-based lender………………………………………..Full Article: Source