17.05.2010 - Bank Sarasin-Alpen arranges $120 mln Murabaha financing facility for Noor Islamic Bank
From Albawaba.com: Bank Sarasin-Alpen (ME) Limited, a subsidiary of Bank Sarasin & Co. Ltd, a leading Swiss private bank arranged a USD 120 million Murabaha financing facility for Noor Islamic Bank PJSC. The finance facility which has been funded by Bank Sarasin & Co. Ltd, Switzerland has been designed to fund Noor Islamic Bank’s future investments and balance sheet management. The signing ceremony was held on 4 May 2010 at the Noor Islamic Bank Head Office and attended by senior management members from Bank Sarasin-Alpen and Noor Islamic Bank..............................................Full Article: Source
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