Financial and Banking News
Loans and Financing
MFI Arranges $100mn Pakistani Deal
Masraf Faysal al-Islami (MFI), which is the Bahrain affiliate of the Daral-Mal al-Islami (DMI) group of Islamic banks, last week announced the signingof a $100mn murabaha-based syndicated trade financing facility for the RiceExport Corporation of Pakistan. The facility was subscribed to by 20 Islamicbanks and financial institutions.