Turkey’s Islamic Bank Asya saw its shares lift 10 per cent as trading in its stocks restarted. The stock resumed trading on 15 September following a halt that lasted over a month. Borsa Istanbul said the suspension was due to “uncertainties over the bank’s ownership” after a bid by Doha’s QIB fell through and TC Ziraat Bankasi backed off. Borsa Istanbul suspended trading in the bank’s shares twice in the same day, citing abnormal buy and sell orders. Ahmet Beyaz, Bank Asya’s CEO, claimed that Turkey’s exchange had failed to explain why its ownership was thought to be ambiguous. Turkish President Recep Tayyip Erdogan has been pressuring the banking regulator to take action on Bank Asya, citing deteriorating finances, prompting observers to suggest that a personal vendetta was being waged against the bank.