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TMCNet:  Saudi Marketing gets SAR 100 mln Murabaha financing from GIB [Mubasher (Saudi Arabic)]

[April 27, 2014]

Saudi Marketing gets SAR 100 mln Murabaha financing from GIB [Mubasher (Saudi Arabic)]

(Mubasher (Saudi Arabia) Via Acquire Media NewsEdge) Saudi Marketing Co. has signed a contract with Gulf International Bank (GIB) to receive Murabaha financing worth SAR 100,000,000.

The financing period extends from August 28, 2013 until August 27, 2014.


This financing, which was secured by a promissory note worth 100,000,000, is aimed at buying commodities through Murabaha.; All Rights Reserved - Mubasher Info (c) 2014 Provided by Syndigate.info, an Albawaba.com company

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