Tuesday 16 October 2018
Murabaha facility

NIB closes $300m Murabaha facility for Bank Asya

Dubai-based Noor Islamic Bank, as initial mandated lead arranger and book runner with ABC Islamic Bank, National Bank of Abu Dhabi and Standard Chartered Bank, has closed a $300-million dual currency Murabaha facility for Turkey’s Bank Asya.


Unicorn repays $125m Murabaha facility

Unicorn Investment Bank has announced the repayment of a $125 million three-year syndicated commodity Murabaha facility. The facility was arranged on its behalf by Dubai Bank and Raiffeisen Zentralbank Österreich  (RZB) in January 200


Dubai Group sets up bank panel for debt talks

Dubai Group, a unit of conglomerate Dubai Holding, is setting up a committee of banks to discuss its debt commitments, and said on Thursday it will continue to service its debts. 'These discussions are making good progress and Dubai Gr


Investment Dar eyes Asia for $300m facility

Kuwait-based Islamic investment company The Investment Dar is planning to market its $300-million syndicated Murabaha facility in Asia. 'The funds raised would finance The Investment Dar’s diversification into new areas of investment oppor

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