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Islamic Finance Briefing - Categorized | Bonds (Sukuk), New Launches more

Al Baraka Turkish unit to issue $200mln Sukuk

Posted on 25 January 2012

Bahraini lender Al Baraka Bank’s Turkish subsidiary will go ahead with a $200 million Islamic bond issue in the first quarter, after delaying a sale last month due to pricing concerns, the bank’s chief executive said.
‘We will launch the sukuk in the first quarter of this year,’ Adnan Ahmed Yousif said in an interview on the sidelines of an Islamic finance and banking conference in Oman………………………………………..Full Article: Source

 
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