Sukuk in Turkey: Islamic finance opportunities

Date: 3 November 2011

Tax Partner, Ali Şanver, shares his expertise on the growing Islamic finance potential in Turkey, commenting to Bloomberg on a major transaction in the market, regulatory changes and what lies ahead.

"The tax measures passed in two stages this year will attract more issuers in Turkey to sell sukuk, said Ali Sanver, partner at Istanbul-based law firm Pekin & Pekin, which was among firms that advised the government." Read more.

Pekin & Pekin advises on Islamic finance transactions in the jurisdiction, notably in the Capital Markets. Further information on the Islamic finance sector in Turkey (participation banking) can be gained via The Participation Banks' Association of Turkey.

Source: Bloomberg Businessweek

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Pekin Pekin