* SAR 11.25 billion (USD 3 billion) consisting of
Murabaha facilities, of which SAR 7.5 billion (USD 2 billion) is a 5-year facility with two 1-year extension options (5+1+1) and SAR 3.75 billion (USD 1 billion) is an annually-renewable 364-day facility.
It is a
Murabaha agreement (a sales contract where the buyer and seller agree on the markup (profit) or "cost-plus" price) concluded between the Tunisian Company of Electricity and Gas (STEG) and ITFC to finance the import of natural gas for an amount not exceeding $154 million.
MANAMA: Ziraat Katylym Bankasy has mandated Bank ABC, Dubai Islamic Bank, Emirates NBD Capital, Standard Chartered Bank and Warba Bank (each an initial mandated lead arranger and bookrunner) to arrange a $150,000,000 syndicated dual currency
Murabaha financing facility.
Middle East Payment Services (MEPS) - a leading, innovative payment services provider in the Middle East - has provided Safwa Islamic Bank with a comprehensive
Murabaha system.
Summary: Nasdaq Dubai
Murabaha platform is a partnership between Emirates Islamic and Nasdaq Dubai
Alizz Islamic Bank has introduced a land financing
Murabaha product, with several facilities and simple application process.
He added, "The forces headed towards
Murabaha areas after reaching the clinic of Suq Al-khmis, south of the Directorate of Qubaytah, in the north of Lahij''.
The
Murabaha Trade Financing Agreement was signed between the ITFC and the Asia Alliance Bank in Uzbekistan
Mobile Telecommunications Company Saudi Arabia (Zain KSA) has refinanced and extended the maturity date of its existing syndicated SAR 5.9 billion ($1.57 billion)
Murabaha facility for five years.
Chairman of Zain Saudi Arabia Prince Naif bin Sultan RIYADH, June 6 (KUNA) -- Zain mobile company in Saudi Arabia, part of Zain Group, announced Wednesday it has successfully refinanced and extended the maturity date of its existing syndicated SR 5.9 billion (USD 1.57 billion)
Murabaha facility for five years.
Al Yusr, the Islamic Banking Window of Oman Arab Bank (OAB), has announced the launch of a new auto financing offer that provides Al Yusr Islamic Banking customers with an opportunity to obtain financing at competitive
Murabaha rates, starting from just five per cent on reducing bases (equivalent to 2.8 per cent flat rate) and with a maximum repayment period of up to ten years.