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TWF has completed its first international Islamic finance transaction

Türkiye Wealth Fund (TWF) has signed a $100 million Murabaha financing agreement with Sharjah Islamic Bank (SIB). This 3-year term agreement marks the first Islamic finance transaction for Türkiye Wealth Fund.

The transaction, which is the first mutual Murabaha financing provided to a sovereign wealth fund in the world, solidifies the confidence of international markets in the Turkish economy following the successful Eurobond issuance which was completed with a record-breaking demand in February.

Doğan Investment Bank acted as the financial advisor and coordinator for the transaction.


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