Saudi Arabia’s leading low-cost airline, Flynas, has secured a Murabaha financing agreement worth SAR 495 million with Bank Aljazira to fund the acquisition of three Airbus A320neo aircraft.

Through this financing agreement, BBK reaffirms its active role in advancing Bahrain’s economic development and fostering ...

Shariah-compliant insurer Solidarity Group Holding has secured a BHD 58 million ($153 million) Murabaha financing agreement ...

Loo: I wouldn't know. Shafee: Was it his job? Loo: No. Prior to the murabaha financing, 1MDB had borrowed US$1 billion purportedly to invest in 1MDB PetroSaudi. The money was to be paid into the ...