ADIB provides $80m financing to Oman Shipping Company
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...