Bank Asya, a leading Turkish financial institution, announced on Sunday that their corporate governance rating had increased in June over its score from last year.
The bank released the figures in an announcement addressed to the Public Disclosure Forum (KAP). According to a recent report prepared by the Capital Markets Board (SPK), Bank Asya’s corporate governance rating increased from 84.20 in June 2013 to 90.85 in June of this year.
The founders of Bank Asya are known for being affiliated with the Hizmet movement, inspired by Islamic scholar Fethullah Gülen. News reports circulated earlier this year indicating the government had attempted to sabotage the bank, as corporations with close ties to Prime Minister Recep Tayyip Erdoğan withdrew upwards of TL 4 billion from their accounts, accounting for nearly one-fifth of the bank’s deposits.
[Part 4] Gülen calls for respect of diversity in Turkey to end polarization
Islamic scholar Fethullah Gülen, who has inspired the popular civic and social movement called Hizmet, called for the respect of diversity in Turkey, expressing his concern over growing polarization in society.
Turkish opposition: Enquiry against Gülen politically motivated
Turkey’s opposition parties across the political spectrum criticized reports that a criminal investigation was launched against Islamic scholar Fethullah Gülen, saying that the allegations are a political tactic by embattled Turkish Prime Minister Recep Tayyip Erdoğan to distract public interest away from a big graft scandal that has implicated himself, his family members and his senior government officials.
The Pigeon, The Finger, and Hizmet’s ‘Inevitable Ambiguity’
Hizmet combines characteristics that we are not used to seeing combined in such a way: faith-inspired (in motivation) yet faith-neutral (in so many activities), informed by Qur’anic principles yet inclusive and non-missionary, predominantly Muslim but proactively engaging with wider society and responding constructively to modern and post-modern ideas and lifestyles.
Turkey introduces new decree law to seize all Gulen-related companies
Thanks to a new decree law released as part of the state of emergency declared late on July 20 following a failed coup, Turkey’s government is now set to seize all the Turkish companies owned by businessmen somehow linked to the US-based Islamic Scholar Fethullah Gülen.
Ex-AK Party delegate slams persecution of Hizmet movement
There are few individuals in Turkish political history with such a long career as Haluk Özdalga. Having formerly served with the Democratic Left Party (DSP) and the Republican Peoples Party (CHP), Özdalga joined the AK Party (the ruling Justice and Development party) with high hopes for democracy in 2007.
Gülen’s lawyer: New arrest warrant for Gülen is unlawful
The lawyer for Turkish Islamic scholar Fethullah Gülen, Nurullah Albayrak, in reaction to Turkish media reports on Tuesday of another arrest warrant being issued for his client, said in a statement that according to the law on criminal procedure, it is unlawful for a court to issue an arrest warrant unless the accused has been appropriately called to appear before the court.
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