Mohammad Al Omar, KFH CEO and Chairman of KFH-Turkey
Conventional banks assets expand 4.2 percent YTD by end Mar ’13
Total deposits show marked increase
KFH-Research issued a report stating that participation banks (Islamic banks) in Turkey form 5.2% of banking assets and will reach 10% by 2018, since those banks surpass the rest of the banking sector and have steady financing growth over 20% per year.
The report noted that participation banks a...