BANKING - '23 years of successful leadership of Kuwaiti private sector in Turkey' (Kuveyt Turk)

www.menafn.com -(MENAFN - Arab Times) On March 31, 1989, KFH-Turkey began officially working in Istanbul as the first Islamic bank in Turkey.
The bank was a result of the collaboration between relentless employees from Kuwait and Turkey, who believed in establishing an Islamic bank that depends of Kuwait's experience in this field and Turkey's promising economy. This led to a bank that is a source of pride for Kuwait and the GCC.

On that date, while KFH-Turkey was celebrating this historic day with its shareholders and administration, the late Ahmed Al-Yasseen, the godfather of Islamic banking who was the bank's first chairman, said that the Islamic world has abundant wealth that is unused, such as natural resources, industrial potential, and skillful laborers, but imports from other countries what it can produce itself. (source)