Qatar's Nakilat inks $380m Islamic loan
Qatar Gas Transport Co (Nakilat), the world's largest shipper of liquefied natural gas (LNG), signed a $380m murabaha-structured Islamic loan, a statement from one of the banks providing the finance said on Sunday.
Qatar Islamic Bank provided $180m of the facility, the bank said in a bourse filing. Qatar International Islamic Bank provided the remainder of the cash.
No other details of the deal were provided.
Shares in Nakilat closed up 0.6 percent on Sunday, trimming year-to-date losses to 10.5 percent. Qatar's main index has lost 4.1 percent in 2012.