Emlak Katilim launches Sukuk
TURKIYE: Turkiye Real Estate Bank, or Turkiye Emlak Katilim Bankasi (Emlak Katilim), has, through Emlak Katilim Varlik Kiralama, issued a Sukuk facility worth TRY134 million (US$4.11 million) that carries a 376-day tenor and a 50% simple annual return rate. The paper was issued on the 18th April 2024.
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