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From Arabnews.com: Kingdom Holding Company (KHC), chaired by Prince Alwaleed bin Talal, has announced a SR700-million refinancing of Kingdom Center (Trade Center Company Ltd.), chaired by Talal Ibrahim Al-Maiman, executive director for development and domestic investments and KHC board member.
The refinancing is Shariah-compliant through Samba Financial Group (SFG) for expansion and investment purposes. KHC holds a 36 percent interest in Kingdom Center…………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Finance, Financial Instruments (Credit Cards, Debts, Loans, Mort more
SFG to facilitate Islamic refinancing of Kingdom Center
| Posted on 30 August 2010 |
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