Qatar Islamic Bank signs an agreement

The purpose of the agreement is to finance part of Barwa capital expenditure for the group’s projects

  
Qatar Islamic bank is pictured in Doha, Qatar, June 11, 2017.

Qatar Islamic bank is pictured in Doha, Qatar, June 11, 2017.

REUTERS/Naseem Zeitoon
Qatar Islamic Bank announces it has signed agreement

Qatar Islamic Bank (QIB) has has signed a long-term financing agreement with Barwa Real Estate company, in the amount of QAR 600 million. The purpose of the agreement is to finance part of Barwa capital Expenditure for the group’s projects.

Noting that there is no conflict of interest between the contracting parties to this agreement

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Islamic Finance