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.
Understanding shifts in Islamic interpretation in Turkey through Gulen-inspired Yamanlar High School
Erdogan regime has transformed most of the seized schools into religious vocational high schools, where teachers mostly teach Salafi beliefs. The Gülen Movement’s first school Yamanlar College was one of them.
Visually impaired journalist’s letter shows he can barely survive in prison
A letter sent by visually impaired Turkish journalist Cüneyt Arat, who was sent to prison last July due to alleged links to the Gülen movement, shows that he is having a hard time surviving in prison because penal facilities are not set up for a disabled person.
Turkish parents worried about gov’t plan to shut down study centers
Working parents are extremely concerned with a planned move from the Justice and Development Party (AK Party) government to shut down study centers, where children can spend time after school doing their homework with the assistance of educational professionals, as part of a law that will see private prep schools that help students in preparing for high-school and university tests close.
Who speaks for Islam in Turkey?
Huseyin Gulerce voiced deep concern about Erdogan’s criticism of Fethullah Gulen “as a fake prophet” at a meeting of the Religious Affairs Directorate. Gulerce asked, “Would not the stability of the country be harmed if the mosques are polarized as such?” He concluded that politics have dominated religion.
Zaman school [in Cambodia] resists call for closure
Zaman school officials and parents yesterday urged the Cambodian government not to shutter the schools as the Turkish Ambassador to Cambodia Ilhan Tug has requested, saying students will ultimately suffer. Officials would also need to consider legal and administrative procedures, and so far, the schools have not violated any Cambodian law or regulation, he said.
TAA to hold annual Turkic American Convention in Washington
SEVGİ AKARÇEŞME, İSTANBUL The Turkic American Alliance (TAA), the largest national Turkic organization in the US, is to hold its third annual Turkic American Convention in Washington, D.C., on March 12-13 in cooperation with the Turkish Confederation of Businessmen and Industrialists (TUSKON). Prior to the convention, leading policymakers from Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, Turkmenistan […]
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