Monday 31, December 2012 by Robin Amlôt

SAHARA affiliate signs Murabaha refinancing facility

SAHARA Petrochemicals Company affiliate, Saudi Ethylene & Polyethylene Company (SEPC, 24.41 per cent owned by SAHARA) has completed  a long-term Murabaha Refinancing Facility Agreement in Saudi Riyal with eight local banks in addition to one regional bank for a total amount of SAR 4.8 billion.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more