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Arcapita Arranges Shari'ah-Compliant Bankruptcy Loan

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Bahrain-based investment bank Arcapita has been given court approval for a $125 million Murabahah-based bankruptcy loan from Fortress Investment Group. The loan, approved by Judge Sean Lane in U.S. Bankruptcy Court in White Plains, New York, will fund Arcapita as it tries to restructure debt after ... (Publication: CPI Financial)

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