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ADIB provides $80mln Sharia'a-compliant financing to Oman Shipping Company
Abu Dhabi Islamic Bank, had signed an agreement to provide a US$80 million Shariah-compliant Ijara facility to Oman Shipping Company SAOC, for the financing of two VLCC tankers within the OSC group. The transaction represents OSC's first Sharia based leasing “Ijarah”, as well as ADIB's ongoing commitment and ability to…
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Source: Abu Dhabi Islamic Bank