12.02.2013 - AJF signs QR346mln murabaha deal with GCC banks syndicate
In its first ever syndicated financing transaction, the Doha-based consumer finance company Al Jazeera Finance (AJF) has signed a QR346mn three-year dual currency murabaha facility with a syndicate of banks from the GCC (Gulf Co-operation Council) region. QInvest acted as sole bookrunner and structuring advisor to Al Jazeera Finance . Qatar Islamic Bank took the mandated lead arranger role and was also acting as the investment agent. Ahli United Bank, First Gulf Bank UAE and QInvest were the lead arrangers...............................................Full Article: Source
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