28.05.2009 - Ajman Bank makes moves with Emirates Transport Dhs30m Murabaha finance agreement |
Ajman Bank, the emirate's first Islamic commercial Bank, signed an agreement this week with Emirates Transport providing Dhs30m in the form of murabaha finance. Ajman Bank will purchase a fleet of over 100 buses subsequently sell the same to Emirates Transport on deferred payment terms to expand their services which have seen a steady growth over recent years.......Full Press Release: Source |