IslamicFinance.de

Adnan Ahmed Yusuf Abdulmalek, head of Union of Arab Banks, noted that interest by Gulf lenders in Turkey’s Islamic banking market is on the rise. Leading Arab banks are currently inspecting opportunities to penetrate Turkey’s growing finance market, added the top executive of Union of Arab Banks.
Arab banks and investors have been stimulated by the decision for investing in Turkey’s banking sector and possible investors consider founding new banks as well as merger and acquisitions with Turkish banks.