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Tuesday, June 18, 2024

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Ekovar issues third green Sukuk worth TRY50 million (US$2.6 million) with six-month tenor, ISFI learns

TURKIYE: Turkish recycling company Ekovar Cevre Grup Geri Donusum Atik Depolama Insaat Taahhut Sanayi Ve Ticaret has on the 4th April 2023 issued a third green Sukuk facility worth TRY50 million (US$2.6 million) with a six-month tenor and a 30% profit rate, ISFI has learned. Emlak Participation Bank arranged the Sukuk issuance.

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