Qatar: QNB Al Islami, Barwa Real Estate Company sign deal

QNB Al Islami, a branch of Qatar National Bank and Barwa Real Estate Company, have signed QR1 billion Islamic Financing Agreement. According to the Peninsula, the agreement will be utilised in financing Barwa’s real estate investment projects in compliance with Qatar Central Bank’s regulations on real estate financing. Furthermore, QNB Al Islami will be committed to provide economic and moral support to enable Barwa to carry out its ambitious projects.