Kuwait Finance House's Turkish unit Kuveyt Turk, which issued a $350 million sukuk last year, may issue a lira sukuk in Turkey this year, Murat Cetinkaya, Kuveyt Turk deputy chief executive, told Reuters. "This year a lira sukuk issuance is among our priorities," Cetinkaya said in an interview.
The Islamic lender is also working with Turkey's Capital Markets Board and Istanbul Stock Exchange for a dual listing of its sukuks on the London and Istanbul stock exchanges, Cetinkaya said.