Islamic Finance
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Turkey's Ziraat Islamic unit applies for 1.5 bln lira sukuk
The Islamic lending arm of Turkey's state-run Ziraat Bank has applied to sell 1.5 billion lira $501.9 million worth of Islamic bonds, or sukuk, according to Turkey's Capital Markets Board. The sale would be the first by a state-run Islamic bank, known in Turkey as participation banks, and follows a…
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Click here to read the full story: Reuters