Turkey sovereign Sukuk boosts standing (By IFN)

Wednesday 31^st October 2012

GLOBAL: Turkey’s debut international sovereign Sukuk worth US$1.5 billion which was issued on the 18^th September this year has propelled the country to second place in the primary Sukuk market for the month of September, after Malaysia. A report by KFH-Research revealed: “By country of domicile, Malaysia topped the primary Sukuk market with total issuances of US$10 billion or 85.3% of market share in September 2012. This was followed by Turkey at US$1.5 billion or 12.8% market share, and Bahrain at US$99.9 million or 0.9% market share.

For more see: http://www.islamicfinancenews.com/listing_article_ID_permission.asp