Islamic Finance
Uncategorized
Kuveyt Turk plans to debut in Malaysia with ringgit sukuk
Turkish participation bank Kuveyt Turk plans to issue sukuk, or Islamic bonds, in Malaysia aiming to raise as much as 2 billion ringgit ($625.3 million), its first foray into the Southeast Asian Islamic debt capital market. Kuveyt Turk, 62 percent owned by Kuwait Finance House, will sell the sukuk to…
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