Wednesday 11 January 2012

Albaraka Turk set to rekindle Turkish corporate sukuk issuance | HALALTAMWEEL.COM

Albaraka Turk set to rekindle Turkish corporate sukuk issuance

1/11/2012 9:47:42 AM


ISTANBUL: Another sign of how the dynamics of the global financial crisis, especially the on-going euro zone debt crisis and the credit crunch, are affecting more stable economies in the emerging countries and where relevant including their Islamic finance and especially sukuk market, is the postponement of the proposed sukuk offerings of two of Turkey's participation banks, Al Baraka Turk Katilim Bankasi (Albaraka Turk Participation Bank (ATPB) and Bank Asya.

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