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Renamed company's $4.2bn murabaha facility has lifted Saudi banks
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The Muharraq Mall Company has signed a BD8m ($21m) Islamic financing from Ahli United Bank.
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Three Egyptian banks are set to sign an Islamic financing facility for the Eastern Sugar Company worth E£1.5bn ($217m).
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Saudi Arabia's National Company for Petrochemical Industries (Natpet) has signed a Sr1bn ($267m) Islamic finance facility. -
Airport retailer Dubai Duty Free has mandated three banks to arrange unsecured conventional and Islamic facilities totalling $750m.
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The Islamic Development Bank (IsDB) has signed a set of loan agreements worth $747m to fund development projects in several member countries and to Muslim communities in non-member countries.
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Turkish Islamic bank Al Baraka Turk is due to sign its $250m murabaha facility within the first two weeks of September. Syndication for the deal closes on August 29.
