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Do the principles of Islamic finance apply to central banking?

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Given the current situation in Turkey, I was wondering whether the principles of Islamic finance applied to central banking, as I thought they only applied to the retail banking sector, but President Erdoğan seems to have a different idea about it. Does Islamic finance normally apply to central banks, or is this a deviation from the usual application of the principles of Islamic finance?
Asked by Sam
Jan 16, 2022, 09:35 PM
Last activity: Jan 17, 2022, 05:44 AM