Qatari Diar blazes back into Islamic market

Qatari Diar, the real estate and investment company, is returning to market with one of the most high profile Islamic syndicated facilities of the year, a Qd3.5bn ($961m) loan. The deal, which has an ambitious five year tenor, has been mandated to Qatar Islamic Bank. The borrower also has a Eu637m facility maturing next month, but the proceeds of the new Shariah-compliant loan have been earmarked for European investments. Is the syndication of one of the biggest such deals of the year set to fly? Find out more about Qatari Diar’s new venture at www.euroweek.com/loans later today.