The Islamic Banking segment of Turkey demonstrated growth during the stabilization of the economy. This is stated in the report of the rating agency Fitch Ratings.
Islamic banking of Turkey, in 2024, as expected, will continue to grow above the average indicator, although more slowly than in previous years, the message is noted.
According to the results of 2023, the assets of Islamic banking amounted to 8.7 percent, financing volumes – 7.8 percent and deposits – 10.2 percent.