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.
The Islamic bank has been in the spotlight since Turkish media reported that state-owned companies and institutional depositors loyal to Prime Minister Recep Tayyip Erdoğan had withdrawn TL 4 billion ($1.8 billion), or some 20 percent of the bank’s total deposits, because the bank’s founders include sympathizers of cleric Fethullah Gülen, a former-ally-turned-critic of Erdoğan.
Retired on disability, former bomb disposal expert kept in jail for a month over Gülen links
Bilal Konakçı, a former bomb disposal expert for the İzmir Police Department who was retired after he lost his right hand and both eyes while trying to dispose of a bomb in 2009, was detained on Dec. 20 over links to the faith-based Gülen movement, and his wife is worried about his health as authorities refuse to allow the family to contact him.
Gulen suspect testifies before US Congress on recent coup attempt
An alleged member of the Fetullah Gulen organization was invited on Wednesday to speak to a congressional panel on Turkey, a stunning move that could exacerbate tensions between Ankara and Washington. Ahmet Sait Yayla was added to the original list of speakers to address the House Foreign Affairs Subcommittee on Europe, Eurasia and Emerging Threats.
Saudi Scholar al-Qarni: Gulen serves with wisdom
One of the most celebrated scholars of Saudi Arabia and the Arab world at large, Sheikh Aaidh al-Qarni delivered sermons on “Tabi’in” (a referral to the people who lived in an age right after the Prophet Muhammad’s companions’ generation) at several salatin mosques (mosques built by Ottoman sultans) in Istanbul, on June 1 thru 9. […]
‘Parallel’ lies won’t patch giant tear, Gülen tells government
Turkish Islamic Scholar Fethullah Gülen has decried recent claims by the government and the president that his followers are behind recent violent street protests in Turkey, indicating that the government is attempting to patch up a “giant tear” it has made with these claims in an effort he said is bound to fail.
The U.S. may face a choice between geopolitical calculation and human decency
Such movements, especially if they’re Muslim, attract suspicion in the West. In 2008, the Dutch government began investigating Hizmet. Its conclusions were that the movement isn’t involved in terrorism or a breeding ground for radicalism, nor does it oppose integration of Muslims into secular states. In 2015, MLK’s alma mater, Morehouse College, awarded its Gandhi King Ikeda Peace Award to Gülen for his lifelong commitment to peace among nations. But Erdogan insists that Gülen is a terrorist.
Latest News
Turkish inmate jailed over alleged Gülen links dies of heart attack in prison
Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney
Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement
ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment
New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement
European Human Rights Treaty Faces Legal And Political Tests
ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases
Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade
Fethullah Gülen’s Vision and the Purpose of Hizmet
In Case You Missed It
Egypt’s Turkish schools reject Akşam and A Haber TV reports
Kimse Yok Mu delivers 25 electric wheelchairs to handicapped Palestinians
Parents: Pak-Turk institutions’ control should not be transferred
Terrorist Bahoz Erdal calls on families to protect their children from the Gulen Movement!
The Hizmet movement, politics and the AKP
Mr. Gulen is trying to interpret the broad humanistic principles of the Qur’an for the modern world
Islamic scholar Gülen criticizes Turkish gov’t response to Gezi protests
