16 February 2021: Islamic finance assets in Turkey to double in 5 years: Moody's
Islamic banking assets in Turkey will double over the next five years from around 7.2% of total banking assets as of December 2020, according to a forecast by global rating agency Moody's.
In a report released Monday, Moody's said Turkish participation banks' total assets increased by 54% last year, outpacing total banking sector asset growth of around 36%.
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