18.01.2016, 08:26
Barwa announces the signing of Sharia-compliant financing agreement worth 157.1 Million US dollars
OREANDA-NEWS. Barwa Real Estate Company announced it has secured a US$ 157.1 million (c. QR 572 million) Sharia-compliant facility for a term of 5 years. The finance will be used to refinance an existing Islamic financial liability of Barwa Real Estate, and comes in line with the Group’s strategy to refinance its financing liabilities in order to strengthen its overall financial position.
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