Neom is the cornerstone of Saudi Arabia's Crown Prince Mohammed bin Salman’s efforts to wean the kingdom’s economy off oil revenue. PIF, which is chaired by the crown prince, is the main vehicle for ...

Bahri, Saudi Arabia’s national shipping company, has completed a $800m murabaha revolving credit facility as part of its move ...

Deal aims to support and strengthen Bahri’s financial position, covering working capital and CAPEX requirements ...

National Shipping Company of Saudi Arabia (Bahri) signed today, Jan. 14, a Murabaha revolving credit facility agreement worth ...

Saudi Arabia’s Public Investment Fund agrees $7bn credit facility with 20 international financial institutions Saudi Arabia’s Public Investment Fund (PIF) has announced its first murabaha credit ...

Saudi Arabia's Public Investment Fund plans to raise $7 billion from its first murabaha credit facility, as the fund diversifies its funding sources to boost investments. A murabaha facility ...

DFM investors may utilise the two mechanisms to transfer their DFM-listed securities as part of a repo transaction or a Murabaha transaction with Shariah-compliant financial institutions.

Dubai Saudi Arabia has successfully raised $12 billion via a three-part bond issuance, marking its largest debt sale since 2017. The offering attracted substantial investor interest, with the order ...

Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region, recently signed a USD 10 million agreement with Qatar’s First Finance Company (FFC). The three year ...

The Shariah-compliant financing structure forms part of PIF’s continued objective of diversifying its funding sources RIYADH – PIF today announced its first murabaha credit facility for the sum of $7 ...