![](https://www.sukuk.com/wp-content/uploads/2016/04/B-Istanbul-Moyan-Brenn.jpg)
Sukuk linked to Consumer Price Index (CPI) rate will provide investors protection against rising inflation in Turkey.
The short term sukuk, known as rental certificates in Turkey was issued with a maturity of 729 days. The issue was subscribed by means of a private placement at a profit rate of 3.39 % above the CPI rate.