Is it Allowed to supply a company of a line of credit (in the form of tawarruq transactions) to finance a construction project?

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Question: The Aref Investment Group (AIG) and the International Leasing and Investment Co. (ILIC) have jointly applied to obtain a line of credit (in the form of tawarruq transactions) to finance the construction of Zamzam Residential Tower in Mecca. They...
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