Al Khaliji takes part in largest murabaha facility

al khaliji, the region’s ‘next generation’ bank, participated recently in a $255m (QR928m) dual currency Islamic Structured murabaha syndicated facility for Turkey’s largest Islamic bank — Bank Asya — through al khaliji Group Corporate and Institutional Banking. The biggest Islamic Murabaha syndication ever executed in Turkey in dual currency ($121.5m and ¤99.15m), represents the largest and most successful international syndicated finance involvements by regional and international banks to date. The Bank Asya Murabaha facility was more than three times oversubscribed, al khaliji said. A clear indication that al khaliji continued support to specialised financial institutions in emerging markets adds real value to its bank’s growing portfolio and develops its existing relationships with banks in the GCC, the region and beyond, the bank said. Robin McCall, Acting Chief Executive OfficerBank Audi in al khaliji said, “This marks yet another major milestone for us and is a testimony to the considerable relationship that al khaliji is growing in the international financial community.” Bank Asya’s one year facility is the first global Islamic Murabaha arranged by any financial institution in 2010 and is underwritten by three Initial Mandate Leads and subscribed by a consortium of 24 banks from 16 countries.  

source : the penisula 

2 thoughts on “Al Khaliji takes part in largest murabaha facility

  1. Invitation,For open a representative office in Albania.

    For:Al khaliji Group Corporate and Institutional Banking


    I’m Idajet Korra,from Durres Albania,54 years,by professional economist, financial-accounting

    Today, I am impressed,from your success,in financial performance for 2009 and onwards.

    Your success is,result of your work principles,in these 20 years.

    My friends congratulate you sincerely.

    Today we read a press day the Albanian state,the increased level of eurobondy,from 7.5% to 8.5%.

    For this I took courage and yes, you invite, to welcome in Albania and put together to open
    a service banking offices,to ensure your bank customers,working in the Albanian market,
    as well as to perform services for clients small and the state.

    I would like to cooperate more with you to work according to rules.

    I’m waiting your answer for my proposal.

    Tel/fax:00355 52 220406
    Mobile:00355(0) 68 20 26 285
    Home address:Durres Albania

    With Best Regards
    Idajet Korra


    • Please contact the bank by mail or phone and let them know your intention. Thanks Mr. Idaget Korra


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