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Saturday, May 4, 2024

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Tarfin Tarim sells Islamic lease certificates worth TRY50 million (US$1.85 million)

TURKIYE: Tarfin Tarim, a Turkish fintech company serving the agricultural sector, has sold Islamic lease certificates worth TRY50 million (US$1.85 million), with Kalkinma Yatirim Varlik Kiralama as the issuer, read a bourse filing.

The Islamic paper carries a tenor of 245 days and a profit rate of 34%.

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