[1] In 2013, ABC Islamic Bank acted as a mandated lead arranger when Al Baraka Turk, the Turkish subsidiary of Bahrain-based Al Baraka Bank, announced the initiation of a $250 million syndicated loan.
The loan was structured as a dual-currency transaction with two tranches, and it utilized the common cost-plus sale arrangement known as murabaha in Islamic finance.
[3] In 2019, ABC Islamic Bank participated in a refinancing facility worth $1.3 billion for the Al Dur Power & Water Company based in Bahrain.
Al Dur holds a significant position in Bahrain's power and water production, contributing to one-third of the country's total output.
With a combined capacity of 1,234 MW of power and 48 MIGD of water, it plays a crucial role in meeting the nation's demand.