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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Emerging Trends, Finance more

Turkey embraces Islamic finance with sovereign sukuk

Posted on 20 September 2012

Turkey’s issue of its first sovereign sukuk this week paves the way for Turkish companies to raise money through Islamic bonds, and may help the country become a major market for Islamic investors from the Gulf and southeast Asia.
After coming to power a decade ago, Prime Minister Tayyip Erdogan’s government, which espouses Islamic values, largely shied away from Islamic finance for fear of opening itself to charges that it was trying to roll back state secularism………………………………………..Full Article: Source

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