Wed, Nov 26, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more

Al Salam Bank provides GBP38mln innovative Sharia compliant mezzanine facility

Posted on 06 September 2010

From Ameinfo.com: Al Salam Bank-Bahrain, a leading Islamic financial institution, has recently provided £38M in a unique Shari’a compliant mezzanine facility to refinance a landmark commercial Property located in the heart of Canary Wharf, the financial district of London.
The property is leased in its entirety to a leading, multinational financial institution with A+ long term rating with stable outlook form Standard & Poor’s. The lease, which carries an unexpired term of 17.5 years, is on a fully repairing and insuring basis……………………………………….Full Article: Source

 
Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930