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