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Turkiye Finans plans to issue $50 mln worth of ringgit-sukuk -CEO

Turkish lender Turkiye Finans Katilim Bankasi plans to issue $50 million worth of ringgit-denominated sukuk (Islamic bonds) in Malaysia by year end in a step aimed at diversifying its funding base, Chief Executive Derya Gurerk told Reuters. Turkiye Finans, in which Saudi Arabia's National Commercial Bank is the largest shareholder,…

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Click here to read the full story: Reuters

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