| Turkey is working on new regulations to allow wider use of Islamic bonds, a closely watched move which could see sukuk issues employed by the government and corporations for project finance and infrastructure development.
Turkish institutions and the Treasury currently only issue the ijara type of sukuk, which is among the most widely used internationally; the new regulations would approve the use of istisna, murabaha, mudaraba, musharaka and wakala bonds...............................................Full Article: Source
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