The company focuses on real estate investment and Shariah-compliant private finance strategies.
The company also focuses on the establishment of factories
The facility will extend financing to both the public and private sector in minimizing the spread of the virus
The Murabaha facility will be used to finance new projects
The new facility is composed of two tranches, including a $650mln Murabaha and a $150mln revolving standby credit facility
The five-year Sukuk is the largest by value to be listed on the exchange by Islamic Development Bank