Islamic Finance
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TRLPC-Turkish lender Kuveyt Turk launches $250 million loan
Islamic lender Kuveyt Turk , majority-owned by Kuwait Finance House, has launched a $250 million dual-currency murabaha loan into general syndication, bankers said on Thursday. The sharia-compliant loan, which can be denominated in dollars or euros, is split into a one-year tranche and a two- tranche paying an interest margin…
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Click here to read the full story: Reuters