Turkey using the endogenous growth model. Design/methodology/approach - It applies quantile regression with the Markov chain … of all full-fledged participation (Islamic) banks operating in Turkey spanning from 2013Q4 until 2019Q4. The study uses … academic literature, official financial reports from the Participation Banks Association of Turkey, REDmoney Group, Islamic …

Purpose: This paper aims to evaluate the root causes of stagnation of the Islamic banking sector in Turkey in three … banking in Turkey diverges from Islamic banking practices of prominent countries by not having a Sharīʿah governance framework … at either a national or bank level. Turkey is thus immediately in need of a sound Sharīʿah governance framework …