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First Turkish Sukuk under new regulations

Wed, 2011-11-16 10:29 — newsdesk

This is the first Turkish Sukuk under the new Sukuk regulations presented by the Capital Markets Board in Turkey to facilitate Turkish Sukuk issuance.
The joint lead managers were HSBC, Standard Chartered, Liquidity Management House, Abu Dhabi Islamic Bank and Commerzbank, and HSBC was seen as certificateholders’ representative on the issue of a $350 million (EUR 247 million) five-year Sukuk by Turkish participation bank Kuveyt Türk Kat?l?m Bankasi.

Source: 

http://www.opalesque.com/IslamicFinance_Briefings/14292/First_Turkish_Su...