Borsa İstanbul Inks MoU With Islamic Development Bank

[kreslik.news]

Borsa İstanbul, the paramount exchange entity in Turkey that represents the former Istanbul Stock Exchange, the Istanbul Gold Exchange, and the Derivatives Exchange of Turkey, has inked a memorandum of understanding (MoU) with the Islamic Development Bank (IDB).

The accord will usher in a strategic cooperation between the two venues, with the IDB conducting a variety of studies aimed at improving the commercial activities among Islamic states and finance in the region. The deal is important as it helps support further developments and inter-cooperation in the region, helping permeate one of the largest untapped markets of potential clients.

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