News
06 January 2020

ADIB provides $80m financing to Oman Shipping Company

In:
Transport
Region:
Middle East & Africa

Abu Dhabi Islamic Bank (ADIB) has agreed to provide an AED293.86 million ($80 million) Shariah-compliant Ijara facility to Oman Shipping Company SAOC (OSC) to finance two VLCC tankers within the OSC group.The transaction represents OSC's first Sharia-based leasing “Ijarah”. The...

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
26 January 2026

Venezuela: Not yet bankable or investable

The Trump administration’s capture of Nicolás Maduro was in part designed to create opportunities for US players in Venezuela’s oil sector. But both the short-term and...

Video
04 February 2026

Dealmakers: Brigitte Bruengger, SERV

TXF spoke with Brigitte Bruengger, head of large enterprises, SME & acquisition at SERV, to outline the recent challenges for Swiss exporters, its scheme for attracting more...