Participation Finance Ecosystem

SHARED VALUE AND ECOSYSTEM

1994 - 2023

As there was no guarantee institution within the Participation Finance Ecosystem, participation banks had to rely on support from the conventional system.

After March 2023

Established by the Ministry of Treasury and Finance of the Republic of Türkiye together with all participation banks, Katılım Finans Kefalet has filled the gap in the ecosystem and become a shared value for participation banks.

*As of January 2024, the 6% stake held by TKBB (Participation Banks Association of Türkiye) was transferred to Hayat Finans Katılım Bankası A.Ş. and T.O.M. Katılım Bankası A.Ş.