www.hurriyetdailyews.com - Participation banks withdraw from a Treasury auction, fearing that the government’s revenue index bonds yield interest income, which is not religiously appropriate. Debate comes after an opinion by a leading consultant
A top consultant for Turkey’s participation banks said that Treasury-issued revenue-linked bonds are no different than government bonds, as both are based on interest, according to daily Vatan. Professor Hayrettin Karaman’s fatwa-like comments shocked participation banks, which decided not to bid for new revenue-linked bonds. (source)
Showing posts with label ges. Show all posts
Showing posts with label ges. Show all posts
Friday, 30 March 2012
CAPITAL MARKETS - State debt securities GES Revenue Indexed Bonds
www.yenisafak.com - Nowadays, Agricultural Bank bonds, the income-indexed Treasury bonds (GES), we read news that it will export.
Not see the interest people have dinner in a country subject to the secular mind and will do against them, there is nothing to say.
Who wish to avoid eating haram interest and interest to those who believe that I need to make some comments. (source)
Not see the interest people have dinner in a country subject to the secular mind and will do against them, there is nothing to say.
Who wish to avoid eating haram interest and interest to those who believe that I need to make some comments. (source)
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