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Turkey expands Islamic banking sector, strives to become a regional hub
The Turkish government through its banking regulations and supervisory authority BDDK last week approved a new Islamic lender, Emlak Katilim Bankasi, to take up operations, according to a February 27 announcement in Turkey’s Official Gazette. This brings the number of Islamic banks – or participation banks, how they are called…
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Click here to read the full story: Gulf Times