Bahrain's ABG inks $30m murabaha deal

Article Date : 07 July 2008
News Section: Bahrain

Bahrain-based leading Islamic banking group, Albaraka Banking Group (ABG) announced that its subsidiary Al-Baraka Islamic Bank with the First Investment Bank (FIB) signed a milestone transaction of a $30 million murabaha facility for al Khaleej Development Company (KDC)...

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