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Turkey key driver in Islamic financial growth: QInvest

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Press Trust of India Dubai
A leading investment bank and a prominent Islamic financial institution in Qatar has said it sees Turkey as being a key driver in Islamic financial growth worldwide and will explore business opportunities with it.

QInvest, a prominent financial institution, has said it will explore the business opportunities at the 9th Turkish- Arab Economic Forum that begins today in Turkish capital Istanbul.

The macroeconomic developments and major investment opportunities will be discussed at the forum.

The Turkish and Arab ministers, prominent businessmen and investment and financial leaders will attend the forum.

"We expect to play a major role in the increased sharia'a-compliant finance activities in Turkey by corporates and the government including growth in sukuk issuance, asset management and real estate financing and advisory," said Can Guclu, QInvest's Turkey Country Head and forum panelist.
 

"This growth will be driven by the rapid increase in demand for Islamic finance solutions we are witnessing in the country," Guclu said.

QInvest has an office in Istanbul and offers cross-border services to clients from its presence in Qatar, Turkey and Saudi Arabia.

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First Published: May 28 2014 | 2:08 PM IST

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