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EIIB completes two commodity-backed deals

09 March 2007

European Islamic Investment Bank (EIIB), the first independent, Sharia'a compliant Islamic investment bank to be authorised and regulated by the Financial Services Authority in the UK, has signed both a structured trade loan and a standby facility.

The structured trade finance facility was signed by EIIB and CCH International and its subsidiaries for a sterling denominated revolving supplier credit financing facility.

Proceeds of...


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