Turkey’s Islamic banks increase market share in August year-on-year
Turkey’s Islamic banks gained 1.16% market share by assets to reach 7.05% of the country’s banking sector in August compared to the same period last year.
The country’s Islamic banks’ assets reached $56.3 billion in August, a growth of 29.72% compared to $43.4 billion at the same time in 2019, according to data released by the banking authority BDDK on Tuesday (September 29).
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