QIB and Barwa Real Estate in $300 million Murabaha deal

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Thursday 07, August 2008 by

QIB and Barwa Real Estate in $300 million Murabaha deal

Qatar Islamic Bank (QIB) and real estate conglomerate Barwa have signed a Murabaha financing deal worth QR 1.1 billion ($302.2 million), which has become a part of Barwa’s strategic financial structure, according to a statement on the Doha Securities Market website.

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