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Alberto Verme

Citigroup looking to enter Turkey’s Sukuk market

Fri, 2012-02-03 10:30 — newsdesk

It seems that Citigroup Europe is interested in entering into the sukuk market in Turkey. The statement came from Alberto Verme, the group’s Middle East and Africa (EMEA) board director.
Interest-bearing bonds are not permissible in Islam., so sukuk securities are structured to comply with the investment principles of Islamic law.

Source: 

http://www.opalesque.com/IslamicFinance_Briefing/?p=15090

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