Islamic Finance
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Albaraka Turk taps Islamic loans as Lira leaves lows
Albaraka Turk has picked banks for a two year syndicated murabaha facility, just days after the Lira hit a new all-time low against the dollar. The Turkish lender has chosen ABC Islamic Bank, Emirates NBD, Kuwait International Bank, Noor Bank and Qatar Islamic Bank for a $150m loan. Its last…
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