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by Legal Desire
15 November 2023

Clifford Chance advises the Joint Lead Managers on the inaugural international issuance of US$500 million sukuk by Ziraat Katılım Bankası A.Ş., a state-owned participation bank in Türkiye

Advising firms

Deal team

11 lawyers named
LawyerFirmSeniorityPracticeOffice
Stuart Ure Lead Clifford Chance Partner Middle East Capital Markets Dubai
Bruce Kahl Lead Clifford Chance Partner Not stated Not stated
Qudeer Latif Clifford Chance Partner Islamic Finance Dubai
Sait Eryılmaz Clifford Chance Partner Not stated Istanbul
Nader Koudsi Clifford Chance Senior associate Not stated Dubai
Julian Walley Clifford Chance Senior associate Not stated Dubai
Shauaib Mirza Clifford Chance Other Not stated Dubai
Bilgesu Çakmak Clifford Chance Associate Not stated Istanbul
Nabeela Afifi Clifford Chance Trainee Not stated Dubai
Andrew Whelan Clifford Chance Senior associate Not stated London
Micah McDonald Clifford Chance Associate Not stated London

Stated terms

Stated value
USD 500m (US$500 million)
What the figure measures
Issue size
Client
Not stated
Counterparties
Ziraat Katılım Bankası A.Ş. (Issuer)
Dubai Islamic Bank (Underwriters)
Emirates NBD Capital (Underwriters)
HSBC (Underwriters)
Standard Chartered Bank (Underwriters)