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From Gulf-times.com: Kuveyt Turk Katilim Bankasi is spearheading Turkey’s five-month-old Islamic bond market, planning a second sale of Shariah-compliant debt for 2012.
Kuveyt Turk, the Istanbul-based bank owned by Kuwait Finance House, may sell more than $100mn of five-year sukuk, after a similar size sale in August that was the first in the nation since regulators allowed companies to offer Islamic bonds, said chief executive officer Ufuk Uyan……………………………………….Full Article: Source
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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves, New Launches more
Turkey’s Islamic bond market picks up; govt mulls sukuk sale
| Posted on 31 August 2010 |
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