04.10.2012 - Sukuk taking flight as airline readies debut sale
Turkey’s Islamic bond market is gathering momentum as companies from the national airline to the biggest telephone operator plan offerings after the government sold its first local-currency sukuk. Turk Hava Yollari AO, or Turkish Airlines, and Turk Telekomunikasyon AS (TTKOM) have contacted banks that may be hired for a sale, people familiar with the matter said yesterday. The government raised 1.62 billion liras ($904 million) from its first sale of lira-denominated sukuk..............................................Full Article: Source
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