BANKING - SandP urges Turk participation banks to leverage their foreign ownership

ISTOCK.COM - Sept. 12--International credit rating agency, Standard and Poor's (S&P) assertion in a report published last week that Turkey's participation (Islamic banks) "could continue their recent strong growth if they can cultivate stronger ties with their international owners and create a sustainable brand image," underpins an Islamic finance market which is as old as the one in Malaysia and others in the Gulf Cooperation Council (GCC) countries.(source)