08.03.2012 - Turkish Sukuk market looks good for expansion in 2012
Regulatory changes by Turkey in 2011 have created a favorable environment for the issuance of Islamic asset backed debt. Ibrahim Turhan, the new chief executive and chairman of Istanbul's stock exchange (now Istanbul Borsasi), says he has a special interest in Shariah-compliant securities, the implication being that there should be an Islamic niche at the planned Istanbul International Financial Center, or IFC. It also means that plans for the first Turkish sovereign sukuk will develop with full speed...............................................Full Article: Source
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