Kuwait's Islamic firm Investment Dar is in advanced talks with European plane maker Airbus to set up a joint venture to finance aircraft purchases, a newspaper said on Saturday.
Investment Dar would own 30 %, while Airbus would get 20 % of the new firm, the paper said.
The details of the deal would be announced next month, it said. The joint venture's business would be financing aircraft deals for governments or airlines compliant with Islamic law.
Having this type of setup available might indeed be of great help in future sales campaigns.