| This is the first Turkish Sukuk under the new Sukuk regulations introduced by the Capital Markets Board in Turkey to facilitate Turkish Sukuk issuance.
Allen & Overy advised the joint lead managers, HSBC, Standard Chartered, Liquidity Management House, Abu Dhabi Islamic Bank and Commerzbank, and HSBC as certificateholders' representative, on the issue of a $350 million (EUR 247 million) five-year Sukuk by Turkish participation bank Kuveyt Türk Kat?l?m Bankasi, one of the four Islamic banks in Turkey...............................................Full Article: Source |