Previous Page  174 / 283 Next Page
Information
Show Menu
Previous Page 174 / 283 Next Page
Page Background

National and Global Islamic Financial Architecture:

Problems and Possible Solutions for the OIC Member Countries

156

Overall, participation financial development appears to have a growth potential in Turkey.

However, the share of participation banks in the financial system is still a concern, as the

question remains on whether they will be able to take the next step of expansion within the

capacities and financial architecture such as Shariah governance framework and liquidity

infrastructure they have.

Chart

4.11: Islamic Financial Architecture Institutions—Turkey*