AFC Shariah-compliant Murabaha Facility
Sector: Government • Location: Africa
Source: Nairametrics
Africa Finance Corporation (AFC) has secured a US$400 million Shariah-compliant Commodity Murabaha facility to enhance infrastructure funding in Africa. This marks AFC's return to the Islamic finance market after eight years, with the facility being upsized from an initial US$300 million due to high investor demand.
- Status
- Closed
- Sector
- Government
- Location
- Unknown (Sub-Saharan Africa)
- Updated
- 22 Jul 2026
- Source
- Nairametrics
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Africa Finance Corporation (AFC) has secured a US$400 million Shariah-compliant Commodity Murabaha facility to enhance infrastructure funding in Africa. This marks AFC's return to the Islamic finance market after eight years, with the facility being upsized from an initial US$300 million due to high investor demand. |
Original sector | Finance |
Budget |
Location
Country | Unknown (Sub-Saharan Africa) |
Source
Source | Nairametrics |
URL |
More Details
Record type | Project |
Sector | Government |
Article published date | 2025-02-14 |
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