IslamicFinance.de

The issuance of Turkey's first sovereign sukuk this week marks a shift in the government's policy. For ten long years Tayyip Erdogan's government backed away from Islamic finance in order to maintain state secularism. However, the sukuk will help the country to large amounts of money from Islamic investment funds and will become a benchmark for the pricing of future Islamic bond issues in the Turkish private sector. Further development in the offered Islamic financial products is expected.

More on: http://www.reuters.com/article/2012/09/19/turkey-islamic-finance-idUSL5E...