Investment Banking
Regulation, Risk & Compliance
Uncategorized
Turkey's Aktif Bank gets nod to raise $120 mln via sukuk
Aktif Bank, Turkey's largest privately-owned investment bank, has received regulatory approval to sell up to $120 million via Islamic bonds, or sukuk, in what could be a rare deal in the international sukuk market. Turkey has seen steady issuance of sukuk from the government and the country's Islamic banks, known…
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Click here to read the full story: Reuters