Turkey calls on country’s religious authority in struggle to keep prices down

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As the Turkish lira continues to be hit by losses in value against foreign currencies, the government has been struggling to keep prices down, even going to the extent of using the…

  • TM

“[Islam] certainly forbids unlawful profits such as bribery, usury, speculation, black marketing and rigging prices, which challenge moral values and disrupt the peace in the society,” the weekly sermon said, according to the…

BURSA, TURKEY - JUNE 10: An imam leads the first Friday Prayer during the Muslim holy fasting month of Ramadan at Fatih Sultan Mehmet Mosque in Bursa, Turkey on June 10, 2016. Ali Atmaca / Anadolu Agency

BURSA, TURKEY – JUNE 10: An imam leads the first Friday Prayer during the Muslim holy fasting month of Ramadan at Fatih Sultan Mehmet Mosque in Bursa, Turkey on June 10, 2016. Ali Atmaca / Anadolu Agency

Earlier this week one of Turkey’s biggest retailers, BİM, known for its cheap prices of basic foodstuffs and consumer goods, hiked the price of 350 items due to the…

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