9/3/2008

Turkey seeks to attract investment at Islamic forum

Today’s Zaman - The global Islamic finance industry's leading event, the Biannual International Islamic Finance Forum, will take place in Istanbul between 13 and 17 October. The forum will explore the newest strategic developments and concepts within Islamic finance, highlighting the new markets for Islamic finance instruments, such as Kazakhstan, Turkey, France and Latin America. The International Islamic Finance Forum is a major event attended by companies, organizations and individuals from across the world. International Islamic finance practitioners and the world's leading Islamic finance scholars will meet at the Istanbul Forum for the most important networking event on the Islamic finance industry calendar. Hosting the forum this fall, Turkey aims to attract investment from the representatives in attendance. Middle East investment in Turkey has been rising steadily in recent years, with the Islamic banking sector in particular on the receiving end of large investments. But other Turkish sectors are also beginning to attract Middle East interest, including the insurance, energy and real estate sectors.