Towards the pursuance of our goal to promote Islamic Banking and Finance all over the globe, AlHuda Centre of Islamic Banking and Economics is working diligently since 2005. AlHuda CIBE has been acknowledged as a distinguished service provider due to our notable services, team of dedicated professionals and one stop solutions of Islamic Banking and Finance. Our aim is to provide state-of-the-art services of Islamic banking and finance. We are proud to be prominent for our Advisory and consultancy, research and development, education and capacity building, Shariah advisory, publication and events all over the world.

AlHuda CIBE is supported by many national and international organizations and institutions as Strategic Partners support and our Alumni have spread over 100 countries. We are proud to stand among world's largest presences for capacity building, trainings, consultancy and other services. More details are available at www.alhudacibe.com

About Islamic Finance Industry:

The global Islamic finance industry grew year-on-year by of 14% to USD 2.88 trillion, in assets in 2019, based on figures reported for 56 countries, mostly in the Middle East and South and Southeast Asia. Iran, Saudi Arabia and Malaysia remain the largest Islamic finance markets in terms of assets, while Cyprus, Nigeria and Australia saw the most rapid growth. Malaysia, Bahrain and the UAE again led the 131 countries assessed in terms of the Islamic Finance Development Indicator score, which aggregates indicator scores for Quantitative Development, Knowledge, Governance, Corporate Social Responsibility and Awareness. The crowned emerging Islamic finance markets which had most improvements in their financial and supporting ecosystems include Iraq, Suriname, Nigeria and Ethiopia. Digitalization has emerged as a major trend across different sectors of the Islamic finance industry, just as it is similarly shaking up the global financial system. Taking into consideration the performance of each sector of the Islamic finance industry and the development of its surrounding ecosystem, the report sees potential for the industry to grow USD 3.69 trillion by 2024 in terms of assets.

About Turkey:

Turkey, situated at the crossroads of Europe and Asia, boasts a rich tapestry of history, culture, and natural beauty. As a bridge between East and West, Turkey offers a unique blend of modernity and tradition, with bustling metropolises like Istanbul, ancient ruins such as Ephesus and Troy, and stunning landscapes ranging from pristine beaches along the Mediterranean coast to the otherworldly rock formations of Cappadocia. With a diverse population reflecting its multicultural heritage, Turkey is known for its hospitality, vibrant cuisine, and vibrant arts scene. Despite periodic economic and political challenges, Turkey remains an important player in regional geopolitics and a dynamic emerging market with significant potential for growth and innovation. Turkey's highest mountain, Mount Ararat has two peaks, with Great Ararat reaching 16,945 feet (5,165 meters). The mountain is considered sacred by many people and is believed to be where Noah beached his ark after the great flood.