Billionaire Seeks Sukuk for Istanbul Finance Hub

Billionaire Seeks Sukuk for Istanbul Finance Hub

Kerem Uzel/Bloomberg

Skyscrapers stand on the horizon beyond residential properties in the Mecidiyekoy district of Istanbul. Agaoglu Group plans to build infrastructure, excavation, roads, parks, a metro station and landscaping of the Istanbul International Financial Center, according to a statement on Nov. 2.