Search News

All News / Energy Markets

Turkey Unveils $4B Islamic Finance Initiative for Energy Independence...
19 Nov, 2025 11:35 362 min read
Turkey is pursuing a major energy transformation through a landmark $4 billion Islamic bond (sukuk) issued by its state energy company. The funds will finance a dramatic expansion of domestic natural gas in the Black Sea and oil production in the southeast, alongside growing international projects. This strategic initiative aims to reduce energy imports, enhance security, and establish Turkey as a regional energy player by leveraging innovative Sharia-compliant financing and an improved economic climate to attract international investment.... More