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.
Brazil court orders release of Gulen-linked businessman accused by Ankara of terrorism
Brazil’s Supreme Federal Court ordered Tuesday the release of a Brazil-based Turkish businessman who was arrested over links to US-based Muslim cleric Fethullah Gulen.
State Islam versus civic Islam
Using the Hizmet movement, AK party wants to create a common enemy that would be recognized as such by different social groups. It demonizes the movement and makes it a target of the social opposition. But all these tricks and methods do not eliminate one basic truth. There is an unusual experience in Turkey. There is an ongoing war between “state Islam” and “civic Islam.”
Turkish-Indian Chambers of Commerce and Industry (TICCI) launched to promote trade
New Delhi: In a bid to give new fillip to trade between India and Turkey, a new chamber for commerce named as the Turkish Indian-Chambers of Commerce and Industry (TICCI) was launched at a well-attended ceremony of business leaders and industrialists here on Tuesday evening. It aims to promote commercial and trade links between both the countries by creating more networking and collaboration opportunities.
Accused Turkish Cleric Assails President on Anniversary of Coup Attempt in WSJ Interview
Fethullah Gulen repeated his declaration that he has never been involved in any coup-plotting. “I never thought that he could go so bad,” said Mr. Gulen, who said that the Turkish president was unleashing mass hysteria inside the country. “Some parts of Turkish society have lost their ability to think.”
Final Declaration of “Coexistence in Islamic Civilizations and Contemporary Reviews” Conference
In this century when “Alienation” has become a global and local syndrome of every society and the problems of “inability to coexist” have gained momentum, The Journalists and Writers Foundation Inter Cultural Dialogue Platform (IDP) and the Fatih University Civilizations Research and Application Center (CRAC) co-organized the “Coexistence in Islamic Civilization and Contemporary Reviews” International […]
Court accepts indictment against 9 officers in case seen as political witch hunt
The investigation into the nine police officers is being carried out by Adana Deputy Chief Public Prosecutor Ali Doğan. The investigation drew strong criticism, as they were based on claims made in government media outlets’ news reports. This raised suspicions as to whether the Justice and Development Party (AK Party) had kicked off a witch hunt against the Hizmet movement, which the prime minister recently threatened to “punish with a large-scale operation.
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