18/04/2024
Dubai-based Shariah complaint lender Emirates Islamic said it has completed its first $500 million syndicated financing facility.
The three-year term facility is structured as a commodity murabaha term financing facility in compliance with Shariah principles, the proceeds of which will be used for Shariah-compliant general corporate funding purposes, the lender said in a statement on Thursday.
Emirates NBD Capital Limited, HSBC Bank Middle East Limited and Standard Chartered Bank acted as global coordinators and mandated lead arrangers and bookrunners.
Restricted content. Kindly use member login to access the content if not REQUEST FOR ACCESS
استخدام تسجيل دخول الأعضاء للوصول إلى المحتوى إن لم يكن طلب الوصول