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.