OREANDA-NEWS. Qatar Islamic Bank (QIB) participated in a Murabaha Facility to NOGA Holding, the investment and business development arm of Bahrain’s National Oil and Gas Authority. The total contribution of QIB is US$ 63 Million out of  a five year US$ 570 million multi-bank Murabaha facility to support NOGA’s investment into a number of large scale oil and gas projects within the Kingdom of Bahrain. 10 Global and regional banks participated in this syndicated facility.