Digital

QIB participates in syndicated Finance to Albaraka Turk Bank

QP

QIB Press

Digital Desk

Apr 14, 2015 | 8 Minutes

Image showing partnership between banking institutions.

Qatar Islamic Bank along with a group of Gulf banks has arranged a Syndicated Murabaha Financing Facility to Finance “Albaraka Turk Bank “ as Initial Mandated Lead Arrangers (IMLA) underwriting USD 25 million ( QR 91 Million).The tenor of the facility is 2 years. The total facility of USD 268 million.

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