Turkey Seeks to Benefit From Islamic Banking Sector

With the international economic crisis continuing to bite, the Turkish government has announced it will be seeking to tap into the $1 trillion Islamic financial industry.

Although Turkey is a secular state, it is overwhelmingly Muslim. Under the decade-long rule of the country’s Islamist rooted AK Party, Muslim-compliant businesses have flourished.

Thee government move into Islamic finance is a smart strategy, said Attila Yesilada, an Istanbul-based political analyst with Global Source …

Powered by WPeMatico

This entry was posted in African News. Bookmark the permalink.

Comments are closed.