CAPITAL MARKETS - Turkish cleric’s article on bonds disturbs Islamic lenders

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)

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)

CAPITAL MARKETS - Turkish treasury sells 378.2 mln lira of revenue-indexed bonds

REUTERS - Aug 23 (Reuters) - Turkey's Treasury said on Tuesday it sold 378.2 million Turkish lira ($211.8 million) worth of its new Aug. 21, 2013 revenue-indexed bonds.

Coupon payments are indexed to state-owned companies' revenues. The bonds are an interest-free product making them attractive to investors who wish to adhere to Islamic banking customs. ($1 = 1.786 Turkish Liras)  (source)