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Islamic Finance Briefing - Categorized | Finance, Property, Projects, Infrastructure more

Barwa gets $3.5 bln Islamic financing from Qatari Diar

Posted on 23 July 2010

From Bloomberg: Barwa Real Estate Co., a Qatar-based property developer, said one of its units got a $3.5 billion Islamic murabaha financing from Qatari Diar Finance.
The financing for Barwa City Real Estate Co. is in two murabaha contracts: the first provides $1 billion maturing in July 2015, and the second $2.5 billion due July 2020, Barwa said in a statement to the Qatar bourse today……………………………………….Full Article: Source

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