Arcapita awaits approval for US$100 million bankruptcy financing (By IFN)

Monday 5^th November 2012

GLOBAL: Embattled Shariah compliant investment bank Arcapita is awaiting approval from the US Bankruptcy Court to secure a US$100 million bankruptcy financing from Fortress Investment Group as it tries to protect its assets and avoid a creditor-led restructuring.

See: http://www.islamicfinancenews.com/