Bahrain-based Shariah-Compliant Bank Finances Norwegian Aircraft Facility
The Kahleeji Commercial Bank of Bahrain has taken over financing of an aircraft maintenance facility in Sola, Norway. In addition, Bahrain-based Gulf Aero has taken the maintenance facility over from Pratt & Whitney, a US-based aircraft engine manufacturer.
The bank is now preparing to launch a Shariah-compliant bank in Norway.
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