Tuesday, Apr 17, 2012
BEIRUT (Zawya Dow Jones)--Kuwait's Al Imtiaz Investment Co. Tuesday said it has agreed with a local bank to get a seven-year shariah-compliant financing worth 25 million Kuwaiti dinars ($89.88 million).
The Islamic investment firm said the funding is part of its efforts to enhance its financing resources in order to boost its investment activities.
Al Imtiaz didn't name the bank in a statement posted on the Kuwait bourse website.
By Shikrallah Nakhoul, Zawya Dow Jones, +961 1 985757, shikrallah@zawya.com
Copyright (c) 2012 Dow Jones & Co.
(END) Dow Jones Newswires
17-04-12 0913GMT
