Barclays Kenya to Offer Shariah-Compliant Corporate Finance

Barclays Bank of Kenya Ltd. announced the beginning of Shariah-compliant asset-finance product offer for corporates companies. This way it attempts to meet the growing demand of those companies. Barclays set aside $30 million for the so-called Corporate La Riba Asset Finance product. The latter includes fixed pricing and repayment periods of up to five years.

Read more on: http://www.bloomberg.com/news/2012-10-16/barclays-kenya-to-offer-shariah...

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