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From Ameinfo.com: Bahrain’s national carrier Gulf Air has signed a $70m facility with Bahrain Islamic Bank (BIsB). An agreement to this effect was concluded between the two organizations recently.
This four year medium-term facility will be used to partly finance eight A320 aircraft, which are expected to delivered in the fourth quarter 2009 and first quarter 2010 Gulf Air has ordered last year………….Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more
Gulf Air and Bahrain Islamic Bank sign $70mln ijara facility
| Posted on 25 August 2009 |
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