18.05.2010 - Bank Sarasin-Alpen arranges Murabaha facility for Noor Islamic Bank
From Cpifinancial.net: Bank Sarasin-Alpen (ME) has arranged a $120 million Murabaha financing facility for Noor Islamic Bank funded by Bank Sarasin & Co, Switzerland, to fund Noor Islamic Bank’s future investments and balance sheet management. Rohit Walia, Executive Vice Chairman and CEO, Sarasin-Alpen and Alpen Capital Group said, “We value our relationship with Noor Islamic Bank and are happy to play a role in its development. We are delighted that we were able to structure such an innovative transaction for them.”............................................Full Article: Source
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