Turkey's Erdogan says Islamic economy can pull world 'out of crisis'

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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.

 

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Absolutely right. Dr Israr and many other Scholars have been saying this for decades at last someone has spoken

Undoubtedly

We love you RTErdogan EmineErdogan ummahleaderErdogan

Inshallah RIBA consumed the world and its people and turkey may inshallah come up with the solution in wake of this over-debt crysis around the world even muslim arab countries have changed the course of its meaning from RIBA to FAIDA and now they are facing the brunt of it

Absolutely Correct!

Insha allah 💐

BabaUmarr Turkey is the love of my life I pray to Almighty Allah to bless this land..aamin

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