ISTANBUL
Turkey will promote interest-free finance systems and loan methods for diversifying interest-free products and services in the coming period.
The country will make regulations for interest-free finance systems, according to data Anadolu Agency compiled from the Turkish Presidency’s Annual Program which was released on Monday.
The program noted that interest-free corporate loan methods will be encouraged and ‘Sukuk’ — non-interest-bearing note — will be issued.
Within the scope of the non-interest finance system regulations, the government aims to form a real estate investment trust for agricultural lands’ incomes.
