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Malaysia Biotech in $80m Islamic facility

Fri, 2011-03-11 11:32 — newsdesk

Malaysia's Bio-XCell is finalizing the details of a yet undisclosed commodity Murabahah facility with a leading local bank.
The financing is estimated to be around RM250m ($82.2m). Details have not yet become available but signing of the agreements should take place in a few weeks.

Source: 

http://www.zawya.com/story.cfm/sidZAWYA20110310083234/Malaysia-Biotech-in-$80m-Islamic-facility