The financing of the Abraj Al Bait Clock Tower and the surrounding complex was a significant and complex undertaking, involving multiple financial institutions and structured financing arrangements.

The Saudi Binladin Group was the primary contractor, the Saudi Binladin Group, was responsible for the overall construction. They financed a portion of the project themselves, but given the magnitude of the project, they needed external financing to cover all costs.

International Banks , including Deutsche Bank, played a key role in raising funds for the project. Deutsche Bank, along with other global banks, was involved in structuring financing deals, such as providing loans and managing riba bonds that were used to fund the project. This included “Islamic” financing methods like Sukuk, which are in reality “Sharia-compliant” riba / interest bonds.

Here is Harris Irfan, a former employee of Deutsche Bank, explaining his involvement in structuring complex financing instruments for the Makkah clock tower project. He regrets participating in an endeavor that led to the destruction of Islamic heritage and supported the construction of a colossal riba-based monstrosity.