Kuwait Finance House’s Turkish unit Kuveyt Turk plans to issue a lira sukuk worth 100 million lira ($55.40 million) in September or October, Chief Executive Ufuk Uyan said on Tuesday.
Kuveyt Turk, which issued a $350 million sukuk, or Islamic bond, in 2011, will also raise capital by 960 million lira to 2.06 billion lira, it said in a statement………………………………………..Full Article: Source