National and Global Islamic Financial Architecture:
Problems and Possible Solutions for the OIC Member Countries
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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*