IslamicFinance.de

Two Islamic Finance institutions, QIB and QIIB, have agreed to financing package for the Qatar Gas Transport Company. The joint arrangement is a big step in enhancing co-operation between both financial institutions and shall cover the increasingly growing market demand for Sharia'-compliant financial solutions.

Buoyed by the response for its real estate mezzanine funding, QIB (UK) is showcasing the product at the annual MIPIM real estate conference that begins today in France. The product was introduced during 2010 and is focused upon the 60%-80% tranche within the capital stack.