24.11.2011 - Kuveyt Türk issues $350 mln in Islamic bonds to Turkish market
Kuveyt Turk Participation Bank issued $350 million worth of Islamic bonds, also called sukuk, at a signing ceremony held on Tuesday in ?stanbul. Capital Markets Board (SPK) President Vedat Akgiray and Kuveyt Turk’s chairman, Mohammad Al-Omar, Vice Chairman Abdullah Tivnikli and CEO Ufuk Uyan were in attendance at the ceremony, agreeing that the sukuk issuance should be seen in the context of the growing demand for the attractiveness of Turkey’s low risk to Islamic and international investors...............................................Full Article: Source
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