Vakıf Katılım issued a sukuk of 500 million dollars.

Vakıf Katılım's International Financing Initiative

Vakıf Katılım has taken a significant step toward foreign financing by successfully issuing 500 million dollars worth of additional tier 1 capital (AT1) sukuk.

Historic Issuance

This issuance has been recorded as the highest amount of capital-like sukuk among participation banks in Turkey. Investors from various regions around the world, primarily the Gulf Region, the United Kingdom, and Continental Europe, showed intense interest.

High Demand

A total demand of 1.8 billion dollars was recorded for Vakıf Katılım, further reinforcing the confidence of international investors.

Global Coordination

This transaction, completed at the lowest cost among capital-like sukuk issuances, was coordinated globally by HSBC, Emirates NBD, and Standard Chartered Bank.

Investor Confidence

Vakıf Katılım General Manager Mehmet Ali Akben stated about this issuance, "The strong demand of 1.8 billion dollars for our 500 million dollar sukuk issuance has been a concrete indication of the confidence that international investors have in both our bank and the Turkish economy."