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Sunday, June 21, 2026
Azerbaijan prepares first Sukuk sale in push to broaden capital markets

Azerbaijan prepares first Sukuk sale in push to broaden capital markets

For Azerbaijan, integrating this asset-backed architecture into its financial framework serves a multi-layered strategic purpose, starting with an influx of foreign direct investment that has historically remained out of reach. The global Islamic finance market controls trillions of dollars, concentrated heavily within the cash-rich sovereign wealth and private equity funds of the Gulf Cooperation Council nations.

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