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.
Gülen speaks to Kurdish paper, renews his support for education in mother tongue
Well-known Turkish Islamic scholar Fethullah Gülen has voiced strong support for education in one’s mother tongue, in reference to allowing the use of Kurdish in education in Turkey, and said basic human rights and freedoms could not be the object of any political bargaining as they are the natural rights of human beings. Speaking to […]
Gülen says he supports broader press freedoms
Turkish Islamic scholar Fethullah Gülen has said he advocates broader rights specifically in the arenas of freedom of expression and freedom of the press for journalists, including those who “unjustly” accuse him of conspiring against them. The allegations were recently voiced following the recent release of four journalists released pending trial in the OdaTV case, […]
The Gulen Movement has become Turkey’s most significant export
The Gulen movement has become a global movement. In other words, it is Turkey’s most important export. When you cross boundaries, you have to watch the balance. His statement on the flotilla incident was both domestic and international. However, we must not forget that Gulen does not recommend that people fight those in authority. His statements disturbed both the government and the conservatives in Turkey.
Hizmet in Context: Societal Islam Versus Political Islam
The Hizmet movement is according to Ebaugh (2010) a civic movement rooted in Islam that is independent from the state. Others see it simply as a faith- based movement (Esposito and Yilmaz 2010). Agai (2004) describes it as an education network and Hendrick (2009) as a global pressure group to promote Turkish interests.
Election results and the Hizmet movement
Unlike the perception that Prime Minister Recep Tayyip Erdoğan tried to create, with the help of tremendous media power, the contention in the run-up to the elections was never between the ruling Justice and Development Party (AKP) and the Hizmet movement (or the so-called foreign forces that colluded with it).
‘Parallel’ inspection launched against prominent Jewish-Turkish businessman İshak Alaton
The Bureau for Crimes against the Constitutional Order of the Ankara Public Prosecutor’s Office has launched an inspection of the companies run by Alarko Holding’s executive board chairman and prominent Jewish Turkish businessman İshak Alaton on charges of supporting the so-called “parallel state,” a daily reported on Tuesday.
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