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HFW advises Stanford Marine on AED1.2 billion refinancing
The murabaha-structured facility which was arranged for Stanford Asia Holding Company, an offshore vessel operator, was backed by a syndicate of GCC banks led by Noor Bank PJSC – making it one of the first fully Islamic-backed finance deals in the oilfield services sector. This is the latest high profile…
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Source: HFW's Middle East