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Japan enters Shariah-compliant corporate financing in Mideast
Bank of Tokyo-Mitsubishi UFJ, through its newly established Dubai branch, has become the first Japanese lender to provide Shariah-compliant corporate financing through an overseas branch after respective regulations have been loosened by Japan’s Financial Services Agency last year. The bank said it is issuing a $200mn loan to a unit…
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Click here to read the full story: Gulf Times