Boeing Capital Musing Partnerships with Middle Eastern, African Banks

According to The National, Boeing Capital is looking into partnerships with Middle Eastern and African financial institutions to create shariah-compliant aircraft funding for its customers in the region.

The National reports this idea follows the implementation of the Alif Fund, a similar leasing product set up by Boeing rival Airbus in 2014.

The National adds the talks are still in the very earliest stages, quoting Vasgen Edwards, managing director for Middle East Africa customer finance at Boeing, on any timeline being “a bit premature.”

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.