Islamic Finance
Regulation, Risk & Compliance
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Turkiye Finans, Albaraka Turk apply for lira sukuk
Turkish Islamic lenders Turkiye Finans Katilim Bankasi and Albaraka Turk have applied separately to issue Islamic bonds, or sukuk, according to Turkey's Capital Markets Board. Turkiye Finans, a sharia-compliant lender which has a focus on loans to corporate clients, has applied to raise up to 1.5 billion lira $513.2 million…
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Click here to read the full story: Reuters