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Islamic finance assets in Turkey to double in 5 years: Moody's

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%.

For more information visit the link:

https://www.aa.com.tr/en/economy/islamic-finance-assets-in-turkey-to-double-in-5-years-moodys/2145629