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Qatar Islamic Bank gains on Murabaha financing for Nakilat
- Qatar: Sunday, August 12 - 2012 at 16:16
The Doha-based QE Index slipped 0.14% to finish at 8,404.69 points. Shares of Qatar Islamic Bank or QIB ended 0.40% higher at QR77.50. Earlier in the day, QIB said has successfully closed a $380m of Islamic Murabaha financing with Qatar Gas Transport Company (Nakilat), in collaboration with Qatar International Islamic Bank (International Islamic). QIB's share of the financing is $180m. Nakilat shares advanced 0.60%, finishing Sunday trading at QR15.76.
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Gérard Al-Fil, Financial JournalistSunday, August 12 - 2012 at 16:16 UAE local time (GMT+4)
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