Hedge Funds & Alternative Investments
Islamic Finance
Regulation, Risk & Compliance
Uncategorized
QIB participates with $50m in syndicated facility to SMG
Qatar Islamic Bank, participated in a Shariah Compliant Syndicated Finance Facility for Stanford Asia Holding Company, a subsidiary of Stanford Marine Group. QIB contributed $50m (Dh183.5m) out of the total facility of $325m. The senior secured facility is structured to comply with principles of Islamic Shariah. Noor Bank acted as…
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