Image Courtesy: Shutterstock

Islamic Finance

Engro completes $475m fully Shariah-compliant deal, expands telecom infrastructure portfolio


Engro has closed a $475 million transaction financed entirely through Islamic banking to acquire Deodar’s more than 10,000 telecom towers, marking one of Pakistan’s largest Shariah-compliant deals as the conglomerate expands its digital infrastructure business.

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

Author Profile Image
Muhammad Ali Bandial