View Full Version : And Another One Bites The Dust

12th July 2008, 13:41

Elaf Bank and Shamil Bank of Bahrain announce the closing of a Murabaha facility for the Shamil Bosphorus Modaraba
Elaf Bank, a Bahrain-based, Islamic, wholesale, investment bank (Elaf) announced the closing of a 2-year Murabaha financing extended to the Shamil Bosphorus Modaraba sponsored by Shamil Bank and Turkish partners to undertake projects in Istanbul and on the Turkish coast in excess of $450m.