Participation Banks Association

As part of the Indonesia Mission, held under the theme “Setting Sail for Closer Cooperation” and organized in collaboration between the Republic of Türkiye Investment and Finance Office and The Participation Banks Association of Türkiye (TKBB), a series of high-level engagements took place in Jakarta to further strengthen cooperation between Türkiye and Indonesia in the field of participation finance. The program was held with the distinguished participation of H.E. Prof. Dr. Talip Küçükcan, Ambassador of Türkiye to Indonesia. During the program, a Memorandum of Understanding (MoU) was signed between the National Committee for Sharia Economy and Finance (KNEKS) and the Republic of Türkiye Investment and Finance Office to foster closer collaboration between the participation finance ecosystems of the two countries. The MoU was signed by Dr. Tarık Akın, Head of the Participation Finance Department at the Republic of Türkiye Investment and Finance Office, and Dr. Sutan Emir Hidayat, Director of Sharia Ecosystem Infrastructure at KNEKS, in the presence of H.E. Prof. Dr. Talip Küçükcan, Ambassador of Türkiye to Indonesia, Mr. Mehmet Ali Akben, Chairman of the Board of TKBB, Mr. Bob T. Ananta, Vice President of Bank Syariah Indonesia, and Mr. Koko T. Rachmadi, President Director of Bank Aladin Syariah. In his remarks, Mr. Mehmet Ali Akben, Chairman of the Board of The Participation Banks Association of Türkiye, underlined the strong progress achieved by Türkiye’s participation finance sector in recent years, emphasizing its role in enhancing financial inclusion, supporting the real economy, and advancing ethical finance principles. Mr. Akben stated that stronger cooperation between Türkiye and Indonesia would make a meaningful contribution to the development of the global participation finance ecosystem. Following his remarks, Dr. Tarık Akın, Head of the Participation Finance Department at the Republic of Türkiye Investment and Finance Office, also delivered an opening address. Discussions held during the program focused on: • recent developments in the participation finance ecosystems of Türkiye and Indonesia, • cooperation and investment opportunities in participation finance capital markets, and • cross-border financial cooperation and potential areas for joint project development.   Through presentations, technical sessions, and bilateral meetings held throughout the program, significant steps were taken toward identifying and advancing concrete areas of cooperation between the two countries. These engagements, which aim to promote knowledge and experience sharing, enhance integration between participation finance ecosystems, and deepen cross-border collaboration, provide a strong foundation for the further development of long-term and strategic partnerships between Türkiye and Indonesia. #TheParticipationBanksAssociationOfTürkiye #RepublicOfTürkiyeInvestmentAndFinanceOffice #KNEKS #ASBISINDO #AASI #AFSI #ParticipationFinance

As part of the Malaysia Mission titled “From Straits to Straits: Cross-Border Opportunities in Islamic Finance,”organized in collaboration with the Presidency of the Republic of Türkiye Investment and Finance Office and Participation Banks Association of Türkiye led by our Chairman, Mr. Mehmet Ali Akben, conducted a series of high-level international engagements. In this context, productive meetings were held with representatives from the Islamic Financial Services Board (IFSB), the IILM - International Islamic Liquidity Management, Bank Negara Malaysia, and Standard Chartered Saadiq. During these engagements: • Recent developments in the participation finance ecosystems of Türkiye and Malaysia were discussed • Cooperation and investment opportunities in participation finance capital markets were evaluated • Strategic collaboration areas in participation banking, liquidity management, and takaful were deliberated Following the meetings, a sukuk-focused roundtable was hosted by the IILM - International Islamic Liquidity Management, with the participation of representatives from our member participation banks. The session provided a comprehensive platform to exchange views on recent developments in sukuk markets, issuance structures, and cross-border collaboration opportunities. These engagements, aimed at enhancing knowledge and experience sharing, strengthening the integration of participation finance ecosystems, and advancing cross-border cooperation, represent a significant step toward establishing long-term strategic partnerships between Türkiye and Malaysia. #ParticipationBanksAssociationofTürkiye #IILM #IFSB #BankNegaraMalezya #StandardCharteredSaadiq

A significant milestone in participation finance betweenTürkiye and Malaysia! As part of the Malaysia Mission titled “From Straits toStraits: Cross-Border Opportunities in Islamic Finance,”organized in collaboration with the Presidency of the Republicof Türkiye Investment and Finance Office and ParticipationBanks Association of Türkiye a Memorandum of Understanding (MoU) was signed between the ParticipationBanks Association of Türkiye (TKBB) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM). During the program held in Kuala Lumpur, TKBB ChairmanMehmet Ali Akben emphasized the strong growth of theparticipation finance sector in Türkiye, highlighting its role in enhancing financial inclusion, supporting the real economy, and promoting ethical finance principles. He also underlinedthe importance of strengthening cooperation between Türkiye and Malaysia for the global participation finance ecosystem. The MoU was signed by Mehmet Ali Akben, Chairman of theBoard of TKBB; Rafe Haneef, President of AIBIM; İsmail Vural, Secretary General of TKBB; and Ratna Sha’erahKamaludin, Chief Executive Officer of AIBIM. As part of the program, presentations were delivered on theTurkish economy, participation banking, and assetmanagement, followed by sessions focusing on:
• Participation finance ecosystems in Türkiye and Malaysia
• Cooperation opportunities in Islamic capital markets
• Roundtable discussions on participation banking, liquiditymanagement, and takaful The program also featured a business forum, technicalengagements, and B2B meetings, paving the way for concretecollaborations between the two countries. This agreement aims to enhance knowledge sharing, strengthen ecosystem integration, and foster cross-bordercooperation, while laying the foundation for long-termstrategic partnerships. #ParticipationBanksAssociationofTürkiye #ParticipationFinance #IslamicFinance #TKBB #AIBIM #Malaysia #Türkiye #InternationalCooperation

TKBB Training Platform is now available in English!   With our international training experience, delegation programs, and specially developed content, we are now bringing our expertise in the participation finance sector to a wider audience.   Access our trainings instantly with English content.   🔗 For more information: en.tkbbegitim.org.tr   #ParticipationBanksAssociationOfTürkiye

As we leave behind Ramadan, the month of mercy, blessings, and sharing, we wish that Eid al-Fitr brings health, peace, and happiness to our country, our nation, and the entire Islamic world.   We hope that this Eid strengthens our unity and solidarity.   Eid al-Fitr Mubarak!   #ParticipatonBanksAssociationofTürkiye

We wish New Year brings health, happiness and peace to all humanity. #ParticipationBanksAssociationofTürkiye

As the Participation Banks Association of Türkiye (TKBB), we hosted a delegation composed of representatives from the Algerian Ministry of Finance, the Ministry of Foreign Affairs, and the National Investment Fund (FNI), under the coordination of the United Nations Development Programme (UNDP) Istanbul International Center for Private Sector in Development (ICPSD). The meeting, hosted by TKBB Secretary General Mr. İsmail Vural and the accompanying delegation, addressed key topics including the contribution of participation banking to financial inclusion, the relationship between participation finance instruments and development banking, and the exchange of international experiences. Within the scope of the program, presentations delivered by TKBB Advisory Board experts and the TKBB Secretary Generalshared insights on the development of participation banking in Türkiye, capacity-building efforts, and Association approach to international cooperation. TKBB will continue to strengthen international dialogue in the field of participation finance, promote the sharing of good practices, and support financial inclusion in close cooperation with its stakeholders. #ParticipationBanksAssociationofTürkiye

Participation Banks Association of Türkiye (TKBB) hosted a delegation from the Central Bank of Egypt within the scope of a field study program jointly organized with the Egyptian Banking Institute and the Banks Association of Türkiye (TBB). During the visit, a presentation on the general outlook of Türkiye’s participation banking sector was delivered, followed by a mutual exchange of views. The program also included a visit to Ziraat Participation Bank, focusing on SME banking practices. #ParticipationBanksAssociationofTürkiye

We are pleased to invite you to online webinar organized by the Participation Banks Association of Türkiye in collaboration with Meezan Bank, Pakistan’s first Islamic bank. In this special session titled “Pakistan’s Financial Transformation and the Strategic Role of Meezan Bank,” Pakistan’s rapidly evolving financial ecosystem, its noteworthy transformation efforts on a global scale, and the rise of Islamic finance in the country will be discussed from a comprehensive perspective. The strategic position, experience, and future vision of Meezan Bank—the region’s first Islamic bank—during this transformation process will be among the key highlights of the program. This interactive webinar, which will feature experts from Türkiye and Pakistan, aims to strengthen the potential for financial cooperation between the two countries. We would be delighted to have you join us in this valuable international gathering designed to create global impact. 📅 Date: 25 November 2025
⏰ Time: 10:00 (TR) / 12:00 (PST)
🎥 Broadcast Platforms: Zoom & Facebook (Live Stream)
🔗 Registration: bit.ly/Pak-Turk

ISLAMIC FINANCE BRIEFING 2025 | The Future of Participation Finance Discussed in Istanbul The second Islamic Finance Briefing program, organized in collaboration with the Participation Banks Association of Türkiye (TKBB) and Moody’s Ratings, and hosted by Ziraat Katılım, was held on October 23, 2025, at the Istanbul Financial Center with significant interest. The event addressed following key issues: • The role of participation finance in sustainable growth, • The increasing importance of SMEs’ access to finance, • Digital transformation and the vision of trust-based finance, • The intersection of ESG (Environmental, Social, and Governance) criteria with Islamic finance. In the first session, presentations by Moody’s Ratings covered Türkiye’s economic outlook, factors supporting the country’s credit rating, the global position of the sukuk market, and macroeconomic expectations. Additionally, insights were shared on the growing global prevalence of Islamic finance, growth trends in GCC countries and Türkiye, the development of the sukuk market, and future projections. The panel titled “Participation Banks in Türkiye: Key Milestones and Way Forward” featured representatives from TKBB, Moody’s Ratings, Ziraat Katılım, and Türkiye Finans, who discussed regulatory developments, digitalization and innovation processes, and the strategic role of SME financing. In the second session, “ESG in Islamic Financial Markets,” representatives from BRSA (Banking Regulation and Supervision Agency), Public Oversight Accounting and Auditing Standards Authority (KGK), Ziraat Katılım, and Albaraka Türk explored the future of sustainable finance and the integration of Islamic finance with ethical, social, and environmental values. The event stood out as a significant platform that strengthened Türkiye’s participation finance vision and reinforced the international position of the Istanbul Financial Center. #ParticipationBanksAssociationTürkiye #IslamicFinanceBriefing #MoodysRatings #ZiraatKatılım #ParticipationFinance #ESG #Sukuk #SustainableFinance #IstanbulFinancialCenter

We invite you to Participate in the Islamic Finance Briefing, organized in collaboration with the Participation Banks Association of Türkiye (TKBB) and Moody’s Ratings, hosted by Ziraat Katılım. 📅 October 23, 2025 🕤 08.30 📍Istanbul Financial Center, Ziraat Towers – Auditorium For reference: ifb2.tkbb.org.tr @ziraatkatilim #ParticipationBanksAssociationofTürkiye #IslamicFinanceBriefing

The Participation Banks Sector Activity Report 2024 has been published. The report presents an overview of the sector within the framework of economic indicators, digitalization, sustainability, and regulations, and also includes global assessments and analyses. You can access the report via Association’s website en.tkbb.org.tr/upload/1753112… #ParticipationBanksAssociationofTürkiye

The UK–Türkiye Islamic Finance Forum, aiming to strengthen cooperation in participation finance between Türkiye and the United Kingdom and to accelerate global integration in the sector, was successfully held in London on July 8, 2025, in collaboration with the Participation Banks Association of Türkiye, the British Consulate General in Istanbul, and UK Export Finance. During the opening session, key figures shared their visions for Islamic finance in both countries. British Consul General in Istanbul, H.E. Kenan Paleo, discussed the UK’s financial cooperation with Türkiye from a strategic perspective. UK Trade Envoy Afzal Khan highlighted the potential of Islamic finance in strengthening bilateral economic ties. Türkiye’s Minister of Treasury and Finance, H.E. Mehmet Şimşek, emphasized the country’s reform agenda and global outreach goals in the participation finance sector. For more detailed insights from the forum: en.tkbb.org.tr/news/ukturkiye… #ParticipationBanksAssociationofTürkiye #BCG #UKEF #IslamicFinance #UkandTürkiyeIslamicFinanceForum2025

UK–Türkiye Islamic Finance Forum Successfully Held in London The UK–Türkiye Islamic Finance Forum, aimed at strengthening cooperation in the field of participation finance between Türkiye and the United Kingdom and accelerating the sector’s global integration, was successfully held in London on 8 July 2025, in collaboration with the Participation Banks Association of Türkiye (TKBB), the British Consulate General in Istanbul, and UK Export Finance. In his opening remarks, H.E. Mr. Mehmet Şimşek, Minister of Treasury and Finance of the Republic of Türkiye, highlighted that the global Islamic finance market has reached a size of USD 5.3 trillion. He also noted that the share of participation finance in Türkiye’s banking sector assets currently stands at 8%. Minister Şimşek further emphasized that Türkiye ranks 10th among 136 countries in the Islamic Finance Development Indicator and publicly declared the country’s ambition to rise into the top five. We were honored to represent our country at this forum, which aimed to enhance the international visibility of our participation finance ecosystem, foster knowledge and experience sharing through thematic sessions, and promote strategic partnerships to strengthen our global position. We extend our sincere thanks to all stakeholders, institutions, and participants who contributed to this valuable event with dedication. #ParticipationBanksAssociationofTürkiye

As we celebrate Eid al-Adha, let us remember the deep meaning of this blessed day as a time of devotion, sacrifice, and mercy. May this sacred occasion bring peace, joy, and unity to you and your loved ones. #ParticipationBanksAssociationOfTürkiye

Mr. İsmail Vural, Secretary General of the Participation Banks Association of Türkiye (TKBB) participated as a speaker in the panel titled “Alternative Players in Financial Markets and Competition Issues,” held as part of the Symposium on Competition in Financial Markets at Boğaziçi University on April 16, 2025. The panel addressed the development of the participation finance ecosystem, the role of alternative models in financial inclusion, and the importance of competition policies in this transformation. Mr. İsmail Vural shared insights on the contributions of participation banks to a sustainable and fair competitive environment, their sectoral policy, and TKBB's role in this field. #ParticipationBanksAssociationofTürkiye

Hosted by the Banks Association of Türkiye and the Participation Banks Association of Türkiye, the second Islamic Banking and Finance Training Program, organized as part of the activities of the Council of Turkic States Banking Associations (TDBBK), was successfully completed in Istanbul between 7-11 April 2025. The program, which was attended by 10 finance and banking professionals from Republic of Kazakhstan and the Turkish Republic of Northern Cyprus, encompassed both theoretical and practical modules, focusing on areas such as participation banking practices, Islamic financial contracts, capital market instruments, and the services related to fund mobilization and utilization. In addition to the training sessions, institutional visits to banks were also conducted. #ParticipationBanksAssociationofTürkiye

We sincerely congratulate you on Eid Al Fitr and wish you a healthy and peaceful eid with your loved ones. #ParticipationBanksAssociationofTürkiye

The Participation Banks Association of Türkiye (TKBB) has signed a memorandum of understanding (MoU) with the Islamic Finance Center of Excellence (IBA CEIF) of the Institute of Business to cooperate in leadership development, research and experience sharing. The MoU was signed by TKBB Secretary General İsmail Vural and IBA CEIF Director Dr. Irum Saba at a high-level ceremony held at the Prime Minister's Residence in Islamabad during the official visit of President H.E. Recep Tayyip Erdoğan to Pakistan. The TKBB and IBA-CEIF aim to generate a common vision through the projects they will realize within the scope of their strategic cooperation and to support the Islamic finance ecosystem by combining their knowledge and experience #ParticipationBanksAssociationofTürkiye

In a significant step towards fostering international collaboration in Islamic finance, Meezan Bank Limited, Pakistan’s leading Islamic bank, and the Participation Banks Association of Türkiye (TKBB) have signed a Memorandum of Understanding (MoU) to drive innovation, knowledge sharing, and capacity building in the sector. tkbb.org.tr/haberler/meeza… #ParticipationBanksAssociationofTürkiye #MezaanBank