Turkey to attract capital surplus of Gulf states, says JPMorgan director

Executive Director at JPMorgan Yazman stated that Turkey, Indonesia, Malaysia and Egypt would be the address of capital surplus in Middle Eastern Gulf states.

Turkey to attract capital surplus of Gulf states, says JPMorgan director

Evren Yazman, executive director at JPMorgan, has stated that he considered Turkey, Indonesia, Malaysia and Egypt as the address of the capital surplus in Middle Eastern Gulf states.

Yazman evaluated Islamic financial products and capital to Anadolu Agency.

Stating that there was a capital surplus in Middle Eastern Gulf states, which have a small population and high income from energy, and that such was likely to continue this way for a while, Yazman said, "I consider the address of this capital surplus as Muslim states with high potential for development and demographic and geographical advantages. The states that fit the definition well are Turkey, Indonesia, Malaysia and Egypt."

"I believe it is time these states become the center of attention in Islamic finance," he added.

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Güncelleme Tarihi: 02 Temmuz 2013, 14:01
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