Tags : Seya Rahnema

Banking & Finance Banking & Finance Other

Bahrain’s Ahli United Bank concludes USD 1.1b in Murabaha Financing

Ahli United Bank (“AUB”) has secured a USD1.1 billion sustainable Murabahah financing facility. The dual-tranched facility is the first of its type raised by a financial institution worldwide, according to the bourse filing. The three-year facility was upsized to US$1.1 billion from its original amount of US$750 million due to high demand.   One tranche represents […]