Islamic Finance
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Turkey’s Tax Change Paves Way for Sukuk Sales
Islamic bond sales from Turkey are picking up pace after the government changed its tax law to apply the same rates to sukuk as non-Islamic debt. Two banks, Asya Katilim Bankasi AS and Albaraka Turk Katilim Bankasi AS, plan to sell as much as $500 million in Shariah-compliant debt after…
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Click here to read the full story: Business Week