Islamic Finance
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Banks in $350m loan deal
Noor Islamic Bank, along with ABC Islamic Bank, HSBC and Standard Chartered Bank, are leading a $350 million murabaha syndicated loan deal for Turkish Islamic bank TŸrkiye Finans. The deal marks the largest murabaha syndicated loan signed in the Turkish participation banking sector for $251.5m plus 76.5m euros, equivalent to…
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Click here to read the full story: Gulf Daily News