Dubai Islamic Bank Pakistan has finalized a major cross-border corporate finance transaction by successfully executing a one hundred and one million dollar structured Islamic financing arrangement for D.G. Khan Cement Company Limited. This massive liquidity injection was structured specifically as a Commodity Murabaha Facility, a specialized cost-plus trade finance instrument that complies fully with Shariah principles. The capital deployment was arranged to directly facilitate the strategic acquisition of a dominant majority equity stake in Rafhan Maize Products Company Limited, which was previously controlled by the prominent United States-based global ingredients provider Ingredion Incorporated.
Under the operational mandate of this landmark acquisition setup, Dubai Islamic Bank acted as the sole mandated lead advisor, dedicated Shariah advisor, transaction arranger, and primary financier. This comprehensive multi-role deployment highlights the expanding capacity of Islamic banking institutions within the domestic financial landscape to orchestrate complex corporate buyouts independently. Investment banking professionals point to the completion of this deal as a clear validation of the bank platform, demonstrating its capability to design custom financial solutions that meet strict religious compliance criteria while satisfying the large scale liquidity needs of major local conglomerates.
The financial restructuring marks a significant shift in corporate ownership within the domestic consumer and industrial goods sector, as the Nishat Group uses this capital to consolidate its market position. Acquiring the majority stake from the American multinational allows the local conglomerate to diversify its manufacturing portfolio and tap into steady agricultural processing revenue streams. Because transactions involving multi-million dollar cross-border equity transfers require immense regulatory compliance and foreign exchange alignment, the structuring of the commodity facility required months of intensive technical design to ensure risk mitigation for both the buyers and the banking consortium.
Executing a corporate transaction of this scale and complexity demanded extensive inter-organizational coordination and specialized professional advisory support. The operational teams at the financing bank worked closely with the executive management of D.G. Khan Cement alongside the buy-side mergers and acquisitions advisory specialists at Dada Partners. On the regulatory and statutory compliance front, prominent law firm Mohsin Tayebaly and Company served as the primary legal counsel for Pakistani jurisprudence, while international legal experts from Hogan Lovells managed the complex international legal parameters under English law, ensuring seamless cross-border asset transfers.
The successful closure of this corporate deal represents another notable milestone for the investment banking team at Dubai Islamic Bank Pakistan, showcasing its ability to provide sophisticated corporate clients with highly specialized alternative asset management models. By leveraging deep local market knowledge alongside the capital buffers of a global Islamic financial network, the institution continues to challenge conventional commercial banks in securing major advisory roles. Representatives from the banking group expressed appreciation for the deep institutional trust placed in their advisory framework by the leadership of the Nishat Group, noting that strong corporate collaboration remains vital when navigating the procedural complexities inherent in large scale corporate acquisitions.
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