Hedge Funds & Alternative Investments
Islamic Finance
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Zain Saudi raises $1.6 billion Islamic loan
Mobile Telecommunications Company Saudi Arabia (Zain KSA) has raised a 6 billion riyals ($1.60 billion) loan to refinance existing debt and secure access to additional liquidity to support growth, it said in a bourse filing. The Islamic loan, with a murabaha structure, refinances until 2025 an existing debt facility with…
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