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Perspective
03 December 2014

Ethiopian Airlines closes first sharia compliant loan

Region:
Middle East & Africa
Dalia Gebrial
Dalia Gebrial
News, Data & Events Executive
Ethiopian Airlines has closed a 12-year, $100 million loan from Bahrain’s Islamic investment bank, Ibdar Bank, and Canada’s export credit agency (ECA), Export Development Canada (EDC) for the lease of four Bombardier Q400 Next Gen aircrafts.

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