Mubasher TV
Contact Us Advertising   العربية

Al Masaken inks KWD 5m murabaha deal with Boubyan Bank

Al Masaken inks KWD 5m murabaha deal with Boubyan Bank
The financial impact of this murabaha contract cannot be determined currently
MASAKEN
MASAKEN
0.00% 29.00 0.00
BOUBYAN
BOUBYAN
-0.52% 570.00 -3.00

Mubasher: Al Masaken International Real Estate Development has signed a financing agreement, murabaha, with Boubyan bank at a value of KWD 5.28 million ($17.5 million).

The financial impact of this murabaha contract cannot be determined in the current time, Al Masaken said in a bourse disclosure on Sunday.

Last week, Al Masaken announced signing a contracting agreement valued at KWD 3.42 million ($11.3 million) to build a residential tower.