Business Blog

By Seda Sezer and Ebru TuncayISTANBUL, Sept 23 (Reuters) - Turkish lender Turkiye Finans Katilim Bankasi plans to issue $50 million worth of ringgit-denominated sukuk (Islamic bonds) in Malaysia by year end in a step aimed at diversifying its funding base, Chief Executive Derya Gurerk told Reuters.Turkiye Finans, in which Saudi Arabia&aposs National Commercial Bank is the largest shareholder, rais

Turkish lender Turkiye Finans Katilim Bankasi plans to issue USD 50 million worth of ringgit-denominated sukuk (Islamic bonds) in Malaysia by year end in a step aimed at diversifying its funding base, Chief Executive Derya Gurerk told Reuters.

Turkish participation bank Albaraka Turk said on Tuesday it had signed a one-year murabaha loan deal worth USD 151 million and 54.4 million euro ($70.17 million).

Indonesia's finance ministry sold 1.5 trillion rupiah (USD 125.31 million) of Islamic bonds at an auction on Tuesday, meeting an indicative target of 1.5 trillion rupiah, the ministry's debt office said.

Qatar's Masraf Al Rayan has put its planned acquisition of a stake in a commercial bank in Libya on hold until political conditions in the north African country improve, it said.

DUBAI, Sept 22 (Reuters) - Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch of their accuracy.INTERNATIONAL/REGIONAL* U.S., Arab partners launch first strikes in Syria US-SY* GLOBAL MARKETS-Asia relieved as China flash PMI beats low expectations MKTS/GLOB* Brent climbs above $97 after upbeat China PMI O/R* MID