President Erdogan vows to make Istanbul pivot of Islamic economy, says such economic system can address ongoing global woes sparked by coronavirus pandemic
President Erdogan says Islamic tools offer a"key" to get out of global economic woes triggered by coronavirus pandemic, while vowing to make Istanbul centre of Islamic economy.
Islamic tools offer a "key" to get out of the economic woes the world is now facing, Erdogan told the audience at 12th International Conference on Islamic Economics and Finance in Istanbul via video. "Even the most prosperous countries have difficulty in providing masks to their citizens and cannot provide minimum health services," he said. Earlier this year, credit rating agency Moody’s announced that Turkey's Islamic banking assets are set to double within a decade, as government initiatives drive growth in the sector."We aim to make Istanbul centre of Islamic finance and economy," Erdogan said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
As pandemic roils Canada, companies tap bond market by most in a decadeCanadian companies went on a debt binge as the COVID-19 crisis slammed the economy, with Canada Inc rushing to the bond market at the heaviest pace in at least a decade.
Lire la suite »
Stock market live Friday: Dow up 477, Stocks still lose 5% on week, volatility is back“The economy isn’t going to be the same economy we knew before,” Carlyle’s David Rubenstein says. “Economies evolve.”
Lire la suite »
Taylor Swift calls for statues of 'racist historical figures' to be taken downThe Shake It Off singer has spoken out after statues around the world have been pulled down by demonstrators amid protests following the death of American George Floyd
Lire la suite »
'SNL' alum Jay Pharoah says police pulled guns on him mid-workout, knelt on his neck"Saturday Night Live" star Jay Pharoah is opening up about an experience in which he says police officers drew guns on him and knelt on his neck.
Lire la suite »
U.S.'s Pompeo to meet China's top diplomat in Hawaii seeking to ease tensions: mediaU.S. Secretary of State Mike Pompeo will meet China's top diplomat Yang Jiechi in Hawaii, trying to ease tensions between the world's two largest economies over various issues, according to media reports.
Lire la suite »
Italy's PM says virus crisis should be opportunity to reform countryItaly cannot afford to return to normality after the coronavirus emergency but should turn the crisis into an opportunity to reform the country, Prime Minister Giuseppe Conte said on Saturday.
Lire la suite »