Politics pushes up Albaraka Turk pricing

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Politics pushes up Albaraka Turk pricing

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Albaraka Turk launched a new syndicated murabaha facility on Thursday, and is looking for up to $150m split between euros and dollars. The borrower expects to sign the loan in September, but will be paying more than it did for its one year facility last year thanks to political volatility in the region.

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