News
29 May 2024

SACE, IFFCO partner on landmark Islamic finance facility

In:
Agri/Soft Commodities, Manufacturing & equipment
Region:
Middle East & Africa, Europe

SACE is partnering with UAE-based IFFCO Group in its first Islamic facility under its Push Program to support the Italian food and beverage value chain.For the first time globally, SACE has guaranteed financing with an Islamic finance structure - commodity murabaha - in favor of the IFFCO Group,...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 September 2024

Too high a price

Africa pays a premium for its debt that in many instances it should not. Why the onerous debt costs? And what can be done about it without major systemic change?

Perspective
06 September 2024

If I had a nickel

ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though...