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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Al khaliji participates in largest global syndicated Murabaha facility of 2010

Posted on 12 May 2010

From Cpifinancial.net: Al khaliji, said it recently participated in the $255 million (QAR 928 million) dual currency Islamic structured Murabaha syndicated facility for Turkey’s largest Islamic bank - Bank Asya - through al khaliji Group Corporate and Institutional Banking.
The biggest Islamic Murabaha syndication ever executed in Turkey in dual currency ($121.5 million and €99.15 million), represents the largest and most successful international syndicated finance involvements by regional and international banks to date. The Bank Asya Murabaha facility was more than three times oversubscribed……………………………………….Full Article: Source

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


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