The prospects of setting up a joint venture Islamic bank in Turkey with the involvement of some prominent Qatari investors were discussed at a high-level meeting held in Ankara.
The proposal is to have Qatari and Syrian investors in the proposed Islamic bank in Turkey. The discussions are at the initial stage. Prominent Qatari investor, Dr Sheikh Khalid bin Abdullah bin Thani al-Thani was in Ankara for talks on establishing the Islamic bank. He was welcomed in Ankara by Tevfik Bilgin, chairman of the Turkish Banking Regulation and Supervision Agency.
The high-level meeting discussed the potential of establishing a full-fledged Islamic bank in Turkey. The prospects for Islamic banking in Turkey came up for discussions.
The possibility of involving prominent Qatari and Syrian investors, with expertise and skills in Islamic banking, in the proposed project figured at the meeting. It was mutually agreed upon to continue with follow up meetings on setting up the proposed Islamic bank.
Bilgin assured Dr Sheikh Khalid of all possible co-operation and support in establishing a joint venture Islamic bank in Turkey, which is one of the fastest growing economies in Europe. He also provided an overview of the investment opportunities available in Turkey and the country’s competitiveness as an ‘investment-friendly’ destination.
From Gulf Times
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