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Parkway Life Reit to receive Islamic financing from the Islamic Bank of Asia

Posted on 10 August 2009

From Cpifinancial.net: Parkway Life Real Estate Investment Trust (PLife REIT), Asia’s largest listed healthcare Reit by asset size, has been offered an Islamic revolving credit financing facility by The Islamic Bank of Asia (IB Asia).
This makes PLife REIT the first Singapore-listed entity to be offered a Shari’ah-compliant revolving credit facility……….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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