Al Rayan
MARK
-2.68%
2.43
-0.07
MARK
Barwa
BRES
-1.06%
2.80
-0.03
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