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Tuesday, June 18, 2024

Launch Partners

Recycling firm Ekovar issues green Sukuk under Turkiye’s green debt framework

TURKIYE: Ekovar Cevre Grup Geri Donusum Atik Depolama Insaat Taahhut Sanayi Ve Ticaret, which operates in the recycling sector of Turkiye, has issued a green Sukuk facility on the 14th September 2022, proceeds from which will be channeled to waste management firm Ekovar to purchase/procure waste products, sort the waste products and recycle them. The issuance was arranged by Emlak Participation Bank, read an official media post.

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