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Islamic Finance Briefing - Categorized | Financial Instruments (Credit Cards, Debts, Loans, Mort more

Axiata plans to borrow US$284 mln Islamic loans

Posted on 02 July 2009

From Btimes.com.my: Axiata Group Bhd, Southeast Asia’s second-largest mobile-phone provider, plans to borrow about RM1 billion (US$284 million) of Islamic loans, chief executive officer Datuk Jamaludin Ibrahim said today in an interview in Kuala Lumpur.

The company will borrow the funds to refinance debt, he said………Full Article: Source

 
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