<h1>South Asian country secures USD 1 billion syndicated financing facility with 89% Islamic financing structure</h1> A South Asian country secured a five-year syndicated financing facility worth USD 1 billion, with partial guarantee from a multilateral development bank's policy-based program. The facility comprises 89% Islamic financing compliant with international standards and 11% conventional financing. Regional Middle Eastern banks served as coordinators and arrangers, marking the country's return to commercial markets after two and a half years during ongoing economic challenges. The transaction represents renewed market confidence following improved macroeconomic indicators and fiscal stability measures, with the country having avoided default through international assistance.