Turkey appoints banks to sell dollar sukuk By Reuters


DUBAI (Reuters) – A group of banks has been appointed to arrange a planned standard-size five-year dollar-denominated sukuk, a document showed on Monday.

The document issued by one of the banks involved in the operation showed that Turkey had appointed Dubai Islamic Bank (DU:), Emirates NBD Capital, HSBC and Standard Chartered to manage the issue.

(Press coverage by Youssef Saba – Prepared by Mahmoud Salama for the Arab Newsletter)

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