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Haya Rashed Al Khalifa advises the Liquidity Management Centre in relation to a US$106,000,000 Bahrain Property Musharaka Trust initiated by Eskan Bank

November 2010

Haya Rashed Al-Khalifa, led by Corporate Finance Partner Ronald Langat and assisted by Corporate Finance associates Dana Alsindi and Saad Aldoseri, advised the Liquidity Management Centre in relation to a US$106,000,000 Bahrain Property Musharaka Trust initiated by Eskan Bank. The Bahrain Property Musharaka Trust was a first of its kind, cutting edge real estate investment trust established for the purpose of developing affordable housing in order to satisfy the national demand for these particular housing units and to enhance the financial capabilities of Eskan Bank. This Musharaka Trust was a breakthrough structure in Bahrain and goes to confirm Haya Rashed Al-Khalifa’s dominance in Islamic Finance and their continued commitment to excellence.

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