Turkish Wealth Fund Emphasizes Islamic Finance

Turkey has concluded that Islamic finance is a fundamental element of its long-term financial strategy, emphasizing that regional expertise is becoming increasingly important as regional challenges shift toward global frameworks. In its efforts to strengthen its position within the Islamic finance system, the official pointed out that the Istanbul Financial Center will house headquarters for the Central Bank and public banks, with its workforce reaching 50,000 employees upon completion, making it a key hub for attracting investors and capital. He also confirmed that building a new generation of specialized professionals in Islamic finance is essential, and that universities have launched new departments for this purpose to enhance Turkey's capabilities in the global Islamic finance market, which is based on ethical principles such as justice, transparency, and responsibility.

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