Islamic Finance
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Turkish authorities take over Islamic lender Bank Asya
Turkish authorities said on Friday they had decided to take over Bank Asya, the Islamic lender caught up in a feud between President Tayyip Erdogan and U.S.-based Muslim cleric Fethullah Gulen. The move was announced by the banking watchdog BDDK just over a week ahead of a parliamentary election and…
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Click here to read the full story: Reuters