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…

Get News, People, and Transactions, Delivered to Your Inbox