Oman's Mazoon Electricity raises $235 mln through Islamic financing facility
Published 23 Mar,2021 via Muscat Daily - Mazoon Electricity Company, a member of Nama Group, has raised US$235mn through a syndicated Ijarah (Islamic financing) facility for the expansion of its electricity distribution network, according to Kuwait International Bank (KIB) which participated in the transaction as the mandated lead arranger.
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