Saudi Hollandi seals $195m loan
Saudi Arabia: Sunday, August 03 - 2008 at 11:59
Saudi Hollandi Bank has acted as the sole Lead Arranger and underwriter for the $195m fully Islamic financing for Arabian Amines Company, a joint venture between Al-Zamil Group and the global petrochemicals manufacturer Huntsman Corporation. The transaction consists of Murabaha and Ijara tranches duly approved by the Shariah Board of Saudi Hollandi Bank.
See Also
Also consider reading:
- » Ahli Bank income surges to 86%
- » Noor Islamic signs for Emcredit
- » Mashreq H1 profit hits Dhs1.1bn
- » NBF H1 profit at Dhs153.5m
- » Sharjah Islamic Bank launches prepaid card
- » Arab Banking posts $71m net loss
- » ABC Islamic posts $15.7m in H1
- » Global fund pays out 5%
- » Shuaa profits fall 10%
- » Standard Chartered profits up 31%
Medilyn Manibo, Assistant News EditorSunday, August 03 - 2008 at 11:59 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
Browse related articles






Web Feeds