'Islamist' Turkey is likely to Remain on gray list for terrorist financing.

'Islamist' Turkey is likely to Remain on gray list for terrorist financing.(TZ).

The Financial Action Task Force (FATF) is seen as unlikely to downgrade Turkey's "gray list" status during a meeting of the international standard-setting body that started on Wednesday.

Turkish sources in the Organization for Economic Co-operation and Development (OECD) said they do not expect Turkey to be dropped down a level to the "dark gray list." The dark gray list is composed of countries on the "gray list" for over a year that have not made sufficient progress in Implementing their action plans.

"While Turkey could be moved to the dark gray list at the February FATF meeting, it is more likely that it will stay on the gray list another year, this would be a clear sign that Turkey still has a lot work to do to prove that it is a serious partner of the international community in the fight against terror while at the same time recognizing the positive steps it has taken, "Tulin Daloglu, the Al-Monitor columnist, wrote in January.

Allegations that Turkey helped me Saudi businessman Yasin al-Qadi, who is listed by the U.S. Treasury as a "specially designated global terrorist," to evade United Nations sanctions, may force Turkey to deal with an image as a country that Supports terrorism and ignores international law.Read the full story here.