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Aktif Bank agrees two-step murabaha facility

Sun, 2011-07-31 10:10 — newsdesk

Aktif Bank has won a US$10mn two-step murabaha financing facility from the International Islamic Trade Finance Corp, that is a part of the Islamic Development Bank Group.
It seems that the facility will be used in trade finance-related transactions and will support intra-OIC (Organisation of the Islamic conference) trade.

Source: 

http://www.gtreview.com/trade-finance/global-trade-review-news/2011/July...