In the historical context of Turkey, explains the initiatives taken by the Turkish Government towards Islamic ﬁnance. Some of the steps are: interest-free finance for import and export, revenue-sharing deposit bonds, Housing Development Fund, rebate on tax to low income groups, energy saving by graduated sharing. Criticises the system of by the mark-up tariff. Pleads for a greater accomodation by the West in removing trade barriers. Descriptive. For general-readers. Undoclimented.