TURKIYE: Kuveyt Turk Katilim Bankasi on the 16th April 2024 issued an Islamic paper worth TRY500 million (US$15.37 million) that carries a 91-day tenor and a 48% simple annual return rate, and another lease certificate worth TRY160 million (US$4.92 million) that carries a 120-day tenor and a 64% simple annual return rate.
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