MENA: Humania raises US$125m Islamic financing facility for hospital development

Humania, a private healthcare company within the Bait Al Batterjee Group, has completed a US$125m Islamic financing facility to develop hospitals in Egypt and Morocco. Finance will be provided under an Islamic finance structure known as a Commodity Murabaha. As HMi reported in February, IFC, a member of the World Bank Group, is lead arranger….