Saudi Arabia’s Public Investment Fund (PIF), a cornerstone of the Kingdom’s Vision 2030 strategy, has raised US$7 billion through its inaugural murabaha credit facility, a shariah-compliant financing structure. Supported by a consortium of 20 international and regional banks, the facility underscores PIF’s commitment to diversifying its funding sources while driving...
Saudi Arabia’s Public Investment Fund (PIF), a cornerstone of the Kingdom’s Vision 2030 strategy, has raised US$7 billion through its inaugural murabaha credit facility, a shariah-compliant financing structure. Supported by a consortium of 20 international and regional banks, the facility underscores PIF’s commitment to diversifying its funding sources while driving...