Monday 26 September 2016
 
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Islamic loan

Saudi Binladin seeks $218m Islamic loan extension

Saudi Binladin Group has asked for an extension on an 817 million riyal ($217.8 million) Islamic loan that matured last week and which was being used to fund construction on the kingdom's Grand Mosque site, sources aware of the matter said.

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Bahri secures $380m Islamic loan for five VLCCs

National Shipping Company of Saudi Arabia said on Sunday it had signed a murabaha facility with Riyad Bank valued at SR1.425 billion ($380 million) to finance the construction cost of five very large crude carriers. The facility l

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Bahrain's Nogaholding secures $570m Islamic loan

Nogaholding, the holding company for oil and gas assets owned by the government of Bahrain, signed to obtain a five-year, $570 million murabaha financing facility, it said on Wednesday. The Islamic funding will support investment

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Bahrain's Nogaholding secures $570m Islamic loan

Nogaholding, the holding company for oil and gas assets owned by the government of Bahrain, signed to obtain a five-year, $570 million murabaha financing facility, it said on Wednesday. The Islamic funding will support investment

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Bahrain's Nogaholding secures $570m Islamic loan

Nogaholding, the holding company for oil and gas assets owned by the government of Bahrain, signed to obtain a five-year, $570 million murabaha financing facility, it said on Wednesday. The Islamic funding will support investment

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Qatari developer Barwa inks $157m Islamic loan

Qatar's Barwa Real Estate has signed a $157.1-million sharia-compliant five-year loan, the developer said on Sunday. Barwa said it would use the money to refinance an existing Islamic financial liability but did not provide fu

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Qatari developer Ezdan closes $500m Islamic loan

Qatari real estate developer Ezdan Holding has raised $500 million through a sharia-compliant loan which will be used to fund its expansion plans, the main arranger of the deal said on Monday. Dubai-based Mashreq's Islamic arm

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Saudi developer seals $2bn Islamic loan deal

Saudi Arabia's Jabal Omar has signed an SR8-billion ($2.13 billion) Islamic loan to help fund a project in Makkah and repay a smaller bridge loan, the real estate developer said on Thursday. The company signed the 12-year loan

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IAFC to raise $400m sukuk for aircraft financing

International AirFinance Corporation (IAFC) has picked two banks to arrange a $400 million Islamic loan to finance the provision of five aircraft, one of the arrangers of the facility said on Sunday. National Bank of Abu Dhabi and

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Apicorp inks $950m Islamic loan to fund investments

Arab Petroleum Investments Corporation (Apicorp) has signed a two-part sharia-compliant facility worth $950 million that it will use to finance investments in regional energy projects, it said in a statement on Sunday. The bulk of

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