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Qatar Islamic Bank provides USD 100 million financing facility to Qatar First Bank

Qatar Islamic Bank has signed a USD 100 million Murabaha facility with Qatar First Bank (QFB), Qatar's first independent Shari'ah compliant financial institution authorized by QFC Regulatory Authority. The facility, which will be used to support QFB's growth plans, is a multiple Murabaha structured facility with a three year tenor…

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Source: Qatar Islamic Bank

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