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Al Baraka revives debut sukuk on record-low yields

Wed, 2012-09-05 15:57 — newsdesk

Nine months ago Al Baraka Banking Group cancelled the debut sales of sukuk due to very high yields. Now that the situation has turned and Al Baraka Turk Katilim Bankasi again considers its previous intentions. It plans to offer $250 million (Dh917 million) of seven-year dollar-denominated sukuks this year.

Source: 

http://gulfnews.com/business/markets/al-baraka-revives-debut-sukuk-on-re...