Dogus set for first ever Turkish corporate dollar sukuk

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Dogus set for first ever Turkish corporate dollar sukuk

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Turkey’s Doğuş group has approval from the country’s capital markets board for a $370m debut sukuk, taking it another step closer to launching the first ever dollar sukuk from a Turkish corporation. The country has a limited Islamic investor base, but the deal should also attract healthy support from conventional accounts, said debt bankers.

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