The Winding Road For New Institution
Monday, April 16, 2018
Indonesia and Turkey are fighting over the location for the Mega Islamic Bank. The Islamic Development Bank is offering a number of options.
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Less than five minutes into the meeting, tension had already spread in one corner of the Four Seasons Hotel. In a lounge overlooking the Mediterranean Sea in Tunis, Tunisia, the situation heated up after Arif Baharudin, expert staff of the Finance Ministrys Financial Services and Capital Services Policy and Regulation, presented a proposal to the Turkish delegation on Wednesday afternoon two weeks ago.
"We offered the concept so that the plan to
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