Innovations in Islamic Finance 2015: Morocco Safi

$2.6 bilion IPP

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Advisers: Mizuho, SMBC, BTMU, Mitsubshi UFJ, SG, Crédit Agricole, BNP, UDB, Attijariwafa, BCP, Clifford Chance

Project finance lends itself extremely well to Islamic finance, since it is very easy to satisfy the requirement for solid, tangible underpinnings to a financing when one is building a power plant or a highway. There were several of note in...