TWF Signs Islamic Bond Financing Agreement
Posted on 03/22/2024
This week Turkey Wealth Fund (also Türkiye Wealth Fund or TWF) has signed a US$ 100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB). This is a 3 year term agreement and the first Islamic finance transaction for TWF. The transaction solidifies the confidence of international markets in the Turkish economy, says TWF, following…