Kuwait firm signs $85M Murabaha with Çayırhan
The article includes news about the Kuwaiti-Bahraini Finance House executing a Murabaha financing of $85 million for the Turkish company Çayırhan Enerji, to support the acquisition of a power plant in Ankara. This strategic asset helps meet the electricity demand and enhances Turkey's energy infrastructure. This financing reflects the bank’s commitment to funding infrastructure and energy projects in accordance with Islamic principles, and underscores its ability to support major deals that contribute to economic growth and sustainable development. The transaction involved broad participation from the bank’s group and its extensive international experience in the Turkish market. The acquisition is an important step toward achieving sustainability, strengthening energy supply security in the region, creating over 2,500 jobs, and reaffirming international financing links within the framework of long-term development efforts.
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