OREANDA-NEWS. Barwa Real Estate Company announced signing a Sharia-compliant financing contract with Masraf Al Rayan, worth $444.3 million (c. QR 1,618 million) for a term of five - seven years. The finance will be used to refinance an existing Islamic financing liability of Barwa Real Estate, and comes in line with the Group’s strategy to refinance its existing financing liabilities in order to strengthen its overall financial position.