Tag Archives: Islamic Finance Market

AFC Secures $400m Shariah-Compliant Murabaha Facility

Africa Finance Corporation (AFC) has successfully secured a US$400 million Shariah-compliant Commodity Murabaha facility, marking its return to the Islamic finance market after eight years. Initially launched at US$300 million, the facility was upsized to US$400 million due to strong investor demand, achieving 47 percent oversubscription. The transaction attracted 11 leading Islamic financial institutions, including […]