Islamic Finance
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Turkey's Fleetcorp gets approval for 150 mln lira sukuk
Turkey's Fleetcorp, wholly-owned by Kuwait's The International Investor, has received regulatory approval to raise up to 150 million lira via Islamic bonds, or sukuk the Capital Markets Board said. Fleetcorp, one of the five largest leasing firms in the country with a fleet of 15,000 vehicles, set up a sharia-compliant…
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Click here to read the full story: Yahoo News