09/10/2017 13:46 AST

United Arab Emirates' Ajman Bank obtained a $200 million syndicated Murabaha financing which was coordinated by Emirates Islamic, it said on Monday.

Al Hilal Bank, Dubai Islamic Bank and Sharjah Islamic Bank joined the loan as initial mandated lead arrangers and bookrunners.

The loan has a maturity of two years, Ajman Bank said.


Reuters

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