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Best Islamic leasing house
Wafra, a long-time winner of this award, continues to be a leader in Islamic leasing. A period of extraordinary growth in leasing fund assets and commitments, from $19 million in 2005 to $1.7 billion in 2012, appeared to be plateauing in the middle of 2013, but part of the reason for that is the successful repayment of existing leasing funds. In the past 14 years Wafra has structured, implemented and managed 39 leasing funds and fully repaid 22; all have reached their conclusion not only without default but with the achievement of all targeted returns.
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