CAPITAL MARKETS - Al Baraka's Turkish unit to issue $200 million sukuk

Bahraini lender Al Baraka Bank's Turkish subsidiary will go ahead with a $200 million Islamic bond issue in the first quarter, after delaying a sale last month due to pricing concerns, the bank's chief executive said.

"We will launch the sukuk in the first quarter of this year," Adnan Ahmed Yousif said in an interview on the sidelines of an Islamic finance and banking conference in Oman.  (source)

OIC - TRADE - Pakistan not interested in PTA with Turkey

Pakistan is reportedly not interested in Preferential Trade Agreement (PTA) with Turkey as the latter's offered list is not beneficial to the former, well informed sources told Business Recorder.

An official delegation led by Commerce Secretary Zafar Mahmood is leaving for Turkey on Tuesday (today) to attend Joint Ministerial Commission (JMC) meeting in which different economic issues and future economic ties will come under discussion, the sources added.  (source)