Turkey mandates for sukuk days after Aramco blow-out

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Turkey mandates for sukuk days after Aramco blow-out

Alamy_Turkey_mosque_575x375_14June2021
PCYPMH Blue Mosque, UNESCO, Istanbul, Turkey | Alamy Stock Photo

Turkey has re-entered the debt capital markets with the intention of selling a Sharia-compliant bond, a sukuk. The proposed deal, which some say could come at a premium, was announced just days after Saudi Aramco achieved an enormous order book on its debut sukuk.

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