Turkey's participation banks posted 387.3 million USD of net profit in the first nine months of 2010, the Participation Banks Association of Turkey said on Monday.
An association statement said the net profit of participation banks of Turkey was up 13 percent in the mentioned period over the same period of 2009, and reached 557.6 million Turkish liras-TL (387.3 million USD).
The funds collected at participation banks were up 13 percent and reached 30.4 billion TL (21.1 billion USD).
The total assets of the banks rose 17 percent to 39.5 billion TL (27.4 billion USD) in the first nine months of 2010 over the same period of 2009.
The number of participation bank branches was up 6 percent to 595 and the banks employed 12,404 people in the mentioned period.
The Participation Banks Association of Turkey has currently four members, including Albaraka Turk, Bank Asya, Kuveyt Turk, and Turkiye Finans. The head office of the association is in Istanbul.
Dicle Electric Co. workers were released near the town of Hazro, about 30 km northwest of where they were abducted by a group of masked men
"Some of the weapons they dropped from those C130s were seized by ISIL," Erdogan said
Turkey's major weapons manufacturer to work on F-35 jet missile project with American multinational
Turkey's EU Minister Bozkir expects EU to reject Greek Cypriots' complaint aimed at halting Turkey’s EU membership
Qatari trust will cooperate with Turkey's leading aid agencies AFAD and TIKA in different education projects for Syrian children sheltering in Turkey
The victim is said to be a member of Islamist Kurdish Free Cause Party
A new bill giving more powers to law enforcement agencies to prevent crimes in Turkey is extensively covered by the Turkish dailies Wednesday
Clocks to be switched back by one hour at 4:00 a.m., which will then become 3 a.m. on October 26
The jailed Kurdish separatist leader said on Tuesday the peace process with the Turkish government had entered a new phase since Oct. 15 and he was upbeat over the chances of success.
Party leaders were skeptical about efforts to support the peshmerga fighting in the Syrian city
Vatican unveils schedule for Pontiff's visit to Ankara and Istanbul as conflict grips the region
Turkish Prime Minister says Turkey plans to build third nuclear power plant as a national project
Istanbul prosecutor presents indictment to a court over fatal elevator accident in Istanbul.
Turkish Foreign Minister Mevlut Cavusoglu calls for support for the Free Syrian Army fighting ISIL
The Minister of Family and Social Policies is working to eliminate obstacles that disabled face in getting a job
Prime Minister Davutoglu explains use of new powers will be monitored by a parliamentary rights watchdog