Showing posts with label al-omar. Show all posts
Showing posts with label al-omar. Show all posts

Wednesday, 9 March 2011

CAPITAL MARKETS - Kuwait firm's Turkish unit plans $500 mln Islamic bond


* KFH-Turkey chairman sees more Turkish sukuk issues
* Turkey seen as growth market for Islamic finance


DUBAI, March 8 (Reuters) - Kuwait Finance House's (KFIN.KW) Turkish unit will launch a $500 million Islamic bond by the end of the year, its chairman said in a statement on Tuesday.

Mohammed Al-Omar said the Islamic lender will issue the benchmark sukuk following the success of Turkey's first Islamic bond offering, from lender Kuveyt Turk in August. (source)