Doha – Mubasher: Barwa Real Estate Company signed a five-year financing agreement worth QAR 572 million to refinance an Islamic loan, according to a bourse statement, in which the financer was unidentified.
The company said Sunday that the Sharia-compliant deal comes in frame of its strategy which aims to repay the outstanding financial obligations to boost its financial position.
Last week, Qatar-listed Barwa signed another Sharia-compliant financing deal worth QAR 1.62 billion with Masraf Al Rayan.
