FINANCE - BIBD provides Murabaha financing to Turkish firm

bt.com.bn - BANK Islam Brunei Darussalam Berhad (BIBD) will be providing financing of US$75,000,000 ($97,500,000) to Turkiye Finans Katilim Bankasi (TKFB) AS under the bank's Murabaha Financing Facility.

BIBD, one of Brunei's largest financial institutions, said the financing facility will be for five years and will provide funding for small and medium enterprises (SME) in Turkey. (source)

FINANCE - Turkey Finance, Bank Islam Brunei Darussalam'dan murabaha loan was a $ 75 million.

ISTANBUL - Turkey Finance, Bank Islam Brunei Darussalam murabaha loan with a 5-year term with the new $ 75 million in the year 2011 a total of 800 million dollars worth of foreign loans has been provided. SMEs as a priority use of the new loan will be available from the received usury. (source)