Airline

MAS funds eight aircraft using Islamic finance

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MAS funds eight aircraft using Islamic finance

Malaysian Airline System (MAS) has entered into a master facility for a Bai’ Bithaman Ajil Islamic financing arrangement with Turus Pesawat Sdn Bhd, a special purpose company owned by the Ministry of Finance, to financing facilities of up to RM5.3 billion to fund the purchase of six A380-800s, one...

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