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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Barwa Bank chosen co-manager of $1.5bln debut Turkey sukuk

Posted on 24 September 2012

Qatar’s Barwa Bank has been chosen as a co-manager for Turkey’s first sukuk transaction worth $1.5bn. Moreover, the Shariah-compliant financial institution has been ranked number six in international sukuk, ten in global sukuk (including global local currencies) and eighth in Mena region bonds and sukuks, by Bloomberg.
“Turkey is one of the most prestigious issuers in emerging markets and to be appointed by them is a further testament that Barwa Bank is an active and consistent player in debt capital market,” said its CEO Steve Troop………………………………………..Full Article: Source

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