Aktif Bank has won a US$10mn two-step murabaha financing facility from the International Islamic Trade Finance Corp, that is a part of the Islamic Development Bank Group.
It seems that the facility will be used in trade finance-related transactions and will support intra-OIC (Organisation of the Islamic conference) trade. (source)
Source : http://www.finance-news.lu/aktif-bank-agrees-two-step-murabaha-facility - July 31, 2011
