Airline

PIA secures a $100m Sharia-compliant facility

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PIA secures a $100m Sharia-compliant facility

Pakistan International Airlines Corporation (PIA) has executed facility documentation for a $90 million Shari’a compliant financing facility. The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank N.A., and United Bank Limited as Mandated Lead Arrangers and Joint Bookrunners....

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