Thursday 23 October 2014
 
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Al Baraka Turk

Al Baraka Turk planning $200m sukuk

Bahraini lender Al Baraka Bank's Turkish unit is working on the issue of a $200 million, 10-year subordinated sukuk, Al Baraka Turk general manager Fahrettin Yahsi told Reuters on Wednesday. Yahsi said the sukuk would be issue

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Al Baraka unit opens Turkey office

Al Baraka Turk, one of the subsidiaries of Bahrain-based Al Baraka Banking Group has announced the opening of its head office in Turkey.  The new head office was inaugurated by Turkish Prime Minister Recep Tayyip Erdogan. "W

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Al Baraka Turk plans $250m Islamic loan

The Turkish subsidiary of Bahraini Islamic lender Al Baraka has mandated banks for a $250 million sharia-compliant facility, the chief executive of the parent company said on Sunday. 'We'll be signing it on September 15,' Adnan

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