Arcapita Bank has lined up $350 million in financing to take it out of Chapter 11 protection this summer. The Bahraini investment firm is seeking bankruptcy-court approval to move forward with a deal under which Goldman Sachs International will arrange and syndicate up to $350 million in financing, which court papers show will be structured to be compliant with Islamic Sharia law.
Source: http://www.islamicfinance.de/?q=node/5087
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