Turkish VP urges stronger role for Islamic finance
Vice President Cevdet Yılmaz has said ethics-based finance can make significant contributions to the global economy at a time of deepening uncertainty.
Speaking at the 5th Global Business Excellence Gala at Dolmabahçe Palace in Istanbul, Yılmaz said international cooperation, solidarity and sustainable growth had become more important amid global economic challenges.
“With its ethics-based structure, Islamic finance holds tremendous potential to make significant contributions to the global economy,” Yılmaz said.
The gala was held as part of the 3rd Global Islamic Economy Summit, bringing together senior officials, business executives, financial institutions and representatives of the Islamic economy ecosystem.
