Showing posts with label yahoo news. Show all posts
Showing posts with label yahoo news. Show all posts

Wednesday, 18 April 2012

CAPITAL MARKETS - Turkey set to launch sukuk push with 2012 sale

http://en-maktoob.news.yahoo.com.ANKARA, April 17 (Reuters) - The Turkish government will press ahead with its first issue of Islamic bonds this year and the planned sale should encourage private companies to do likewise and boost Istanbul's role as a financial centre, Deputy Prime Minister Ali Babacan said on Tuesday.

The government had said previously it could issue a sukuk in 2012, overcoming sensitivities about Islamic finance in the secular republic as it seeks to tap a rich pool of investors flush with oil money.  (source)

Saturday, 11 June 2011

Turkey - Factors to Watch on June 10

KUVEYT TURK

The lender plans to sell a five-year sukuk worth $350 million in September or October, Dunya newspaper cited CEO of Kuveyt Turk Ufuk Uyan.(source)