Al Rayan
MARK
0.00%
2.53
0.00
MARK
Barwa
BRES
-0.62%
2.90
-0.02
BRES
Doha-Mubasher: Barwa Real Estate has signed a Sharia-run financing agreement with Masraf Al Rayan for QAR 1.618 billion ($44.3 million).
The credit facility will be used for refinancing an Islamic debt obligation due to Barwa. The financing has duration of five to seven years.
Source:
Mubasher