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Turkey boosts efforts to become the next big player in Islamic finance

As part of Turkish President Recep Tayyip Erdogan’s concept of strengthening the religious pillars in society, Turkey embarked on a drive to expand the scope and customer base of Islamic finance in the country. Currently, Islamic finance or participation banking, as interest-free banking is called in Turkey has a 5%-market…

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Click here to read the full story: Gulf News

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