AlbarakaTürk Signs $430 Million Syndicated Murabaha Financing Facility

ABC Islamic Bank, Barwa Bank, Emirates NBD Capital, Noor Islamic Bank and Standard Chartered Bank have announced the closure and signing of a $430 million equivalent dual-currency syndicated Murabaha financing facility for AlBarakaTürkKatılımBankası. Launched at $250 million, the facility was oversubscribed to close at $430 million with participation from 23…