Mon, Dec 22, 2014
A A A
Welcome bhaimia
RSS

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

Kuveyt Turk’s debut sukuk to open door for Turkey

Posted on 06 September 2010

From Arabnews.com: One of the potentially most important developments in the global sukuk market this year is the launching in August of a 3-year $100 million Wakala sukuk by Istanbul-based Kuveyt Turk Participation Bank, in which global Islamic banking major, Kuwait Finance House (KFH), has a controlling 62 percent equity stake.
While issuers in Malaysia, Bahrain, the UAE and Saudi Arabia are now familiar with going to the financial markets to raise funds through sukuk for various reasons, the Kuveyt Turk issuance is the first sukuk or Islamic securities - corporate or sovereign - to come from Turkey………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031