UNDP and TKBB to Collaborate on Utilising Islamic Finance to Implement and Achieve SDGs

The United Nations Development Programme (UNDP), Istanbul International Center for Private Sector in Development (IICPSD) and the Participation Banks Association of Turkey (TKBB), have agreed to collaborate on mobilising Islamic Finance for the effective implementation and achievement of the Sustainable Development Goals (SDGs). In this regard, the Memorandum of Understanding (MoU) signed by the UNDP and TKBB will focus on enhancing ongoing initiatives and the evaluation of new opportunities. TKBB, which operates in the banking and finance industry, aims to sustainably develop Turkey’s participation banking sector and grow the reach of Islamic finance products and services globally.

Why it matters?

This collaboration aims to build bridges betwee...