112
days to go
Date: 10th September 2018 Venue: Turkey, Istanbul

Turkey is seen as a rising participation finance (Islamic finance) star. Over the years, the strong commitment from the authorities to create a holistic participation finance ecosystem has led the sovereign to introduce new regulations and reform others while pushing for the industry to take a bigger role in Turkey’s financial system. By 2025, the Turkish participation banking sector is expected to hold a 15% market share from 5.1% at the end of 2015 when total assets of participation banks reached TRY120.3 billion (US$33.68 billion).

Turkey still has a long way to go to achieve its goal in terms of modernization, standardization and innovation – taxation issues on participation financial contracts need to be ironed out and the lack of corporate issuances remains unsettled together with Turkey’s stand in terms of fintech. The project of establishing a national Shariah board will certainly address certain issues that market players are currently facing, but not all of them.

Once again, IFN Turkey Forum will return to Istanbul in September 2018 to shine the spotlight on participation finance’s bright future in Turkey.

 

 

 

 


MULTILATERAL STRATEGIC PARTNERS

The Islamic Corporation for the Development of the Private Sector (ICD)
International Islamic Trade Finance Corporation
The Islamic Solidarity Fund for Development (ISFD) IDB Group Business Forum (THIQAH) 

PARTNERS

DDCAP Group
Dentons
IdealRatings
Winston & Strawn

HOST MEDIA PARTNERS

Islamic Finance news
IFNFintech
IFN Corporate

MEDIA PARTNERS

AlHuda Centre of Islamic Banking and Economics
Focus Economics
Global Business Magazine & News
iSfin
Oxford Business Group
SME Magazine

 

 

 

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