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QInvest arranges US$95mln Murabaha facility for Al Jazeera Finance

Posted on 11 February 2013

Al Jazeera Finance (AJF) has signed a US$ 95 million (QR 345.8 million) 3-year dual currency Murabaha facility with a syndicate of banks from the GCC, the company said Sunday.
QInvest acted as Sole Bookrunner and Structuring Advisor to AJF in its first syndicated financing transaction. Qatar Islamic Bank took the Mandate Lead Arranger (MLA) role and is also acting as the Investment Agent. Ahli United Bank, First Gulf Bank UAE and QInvest were the Lead Arrangers………………………………………..Full Article: Source

 
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