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Islamic Banking
Sustainable Murabaha Financing Instrument
Contacts: Ahli United Bank
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Cases and effects:
In July 2022, Ahli United Bank successfully raised USD 1.1 billion through the world’s first sustainable Murabaha transaction — an Islamic financing instrument where the bank purchases an asset and resells it to the client at a fixed profit margin, without charging interest. According to the bank, this was the first initiative of its kind globally aimed at financing sustainable projects in Islamic countries.
Ahli United Bank is a leading regional banking group operating in Bahrain, as well as across the Gulf countries, Libya, Egypt, and the United Kingdom. The bank offers a wide range of Islamic financial services and is actively committed to sustainable and inclusive finance.
info@ahliunited.com
ahliunited.com
+973 1756 4777
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