Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Saudi's Fawaz Abudulaziz Alhokair secures $800mln Islamic finance
Saudi-listed retail group, Fawaz Abdulaziz Alhokair Company, has signed an Islamic term Murabaha facility and a revolving credit facility agreement with a syndicate of Saudi banks. The $800 million debt facility is composed of two tranches, including a $650 million Murabaha to be fully utilized in refinancing existing debt, and…
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