Qatar Islamic Bank (S.A.Q.) (DSM:QIBK) entered into exclusive discussions to acquire a strategic stake in Asya Katilim Bankasi AS (IBSE:ASYAB). Qatar Islamic Bank says it intends to support Asya Katilim Bankasi to realize its medium to long term growth targets and strengthen its position as an Islamic Bank in Turkey. Qatar Islamic Bank also says it's seeking to finalize the transaction within the next few months, subject to obtaining the required regulatory approvals.