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Turkey’s State-Run Halkbank Applies to Start Islamic Bank Unit
Turkey’s largest publicly listed state lender applied for permission to start an Islamic banking affiliate, as the government pushes to increase the share of Shariah-compliant finance in the majority-Muslim nation. Turkiye Halk Bankasi AS (HALKB) applied to the banking regulator in Ankara for pre-approval to establish the unit, it said…
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Click here to read the full story: Bloomberg