Islamic banking
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Turkish Central Bank Appoints Islamic Economist, Credit Expert to Board
in BusinessTurkey’s central bank elected credit expert Ahmet Faruk Aysan and Sabri Orman, a specialist in Islamic economics, as members to the bank’s board, in a […]
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How the Rise of Islamic Banking is Changing Turkey
in BusinessIslamic banks do not charge interest, and share the profit and loss risks of their customers. What that means for their success and for Turkey. […]
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Islamic banking offers a different model
in BusinessAlthough they command only 5% of the market share in Turkey, “participation banks” see room for growth. The Istanbul Stock Exchange opened an index on […]