Participation Banks Association

As the Participation Banks Association of Türkiye (TKBB), we attended the 36th Traditional International Reception hosted by Mr. Alpaslan Çakar, Chairman of the Board of Directors of the Banks Association of Türkiye (TBB), in Bangkok on 15 October 2026, as part of the 2026 International Monetary Fund (IMF) and World Bank Group Annual Meetings. At the reception, which brought together senior public officials, representatives of international financial institutions, and banking sector executives from Türkiye and various countries around the world, our Association was represented by the general managers of our member banks, TKBB Secretary General İsmail Vural, and Deputy Secretary General Fatma Çınar. We extend our gratitude to Mr. Alpaslan Çakar, Chairman of the Board of Directors of the Banks Association of Türkiye, and all those involved in organizing this important event, which contributed to strengthening the Turkish banking sector’s relations with its international stakeholders and exploring new opportunities for cooperation. #TürkiyeKatılımBankalarıBirliği #KatılımFinans #ParticipationFinance #TBB #IMF #WorldBankGroup #Bangkok

As part of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Mr. İsmail Vural, Secretary General of the Participation Banks Association of Türkiye (TKBB), and Ms. Fatma Çınar, Deputy Secretary General, held meetings with Mr. Jamal Saleh, Director General of the UAE Banks Federation (UBF), and Mr. Francis Malige, Executive Director for Financial Institutions at the European Bank for Reconstruction and Development (EBRD). During the meetings, views were exchanged on the development of the participation finance sector at the international level, strengthening institutional relations between financial institutions, and enhancing opportunities for mutual cooperation. As part of our engagements aimed at strengthening the participation finance ecosystem’s interaction with the international financial system, we would like to thank Mr. Jamal Saleh and Mr. Francis Malige for the productive meetings and their valuable insights. #ParticipationBanksAssociationofTürkiye #ParticipationFinance #UAEBanksFederation #EBRD #IMF #WorldBankGroup #Bangkok

As part of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Mr. İsmail Vural, Secretary General of the Participation Banks Association of Türkiye (TKBB), and Ms. Fatma Çınar, Deputy Secretary General, attended the program entitled “Islamic Finance: From Crisis Resilience to Transition Finance,” hosted by the Islamic Bank of Thailand (ibank). Held at The Westin Grande Sukhumvit Bangkok, the program brought together international financial institutions and industry representatives to discuss the role of Islamic finance in strengthening economic resilience, financing sustainable transformation, and advancing international financial cooperation. During the international networking session held as part of the program, views were exchanged on current developments in the participation finance ecosystem and potential areas of cooperation. We would like to thank thank the management of the Islamic Bank of Thailand for their kind hospitality and contributions to the organization. #ParticipationBanksAssociationofTürkiye #ParticipationFinance #IslamicFinance #IMF #WorldBankGroup

As part of the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Mr. İsmail Vural, Secretary General of the Participation Banks Association of Türkiye (TKBB), and Ms. Fatma Çınar, Deputy Secretary General, met with senior representatives of international participation finance institutions. In this context, meetings were held with Mr. Hamza K. Bawazir, Secretary General of the General Council for Islamic Banks and Financial Institutions (CIBAFI); Ms. Shaikha Al-Essa, Secretary General of the Kuwait Banking Association; and Dr. Thaweelap Rittapirom, President of the Islamic Bank of Thailand (ibank), together with Ms. Nuchjaree Pakdeecharoen, Executive Vice President, and Senior Vice Presidents Ms. Tuansaleena Kubaha and Mr. Suwit Thanrungruang. During the meetings, views were exchanged on the development of the participation finance sector at the international level, strengthening institutional relations, and enhancing opportunities for mutual cooperation. We would like to thank all institutional representatives for the productive meetings and their valuable contributions. #ParticipationBanksAssociationofTürkiye #ParticipationFinance #IMF #WorldBankGroup #Bangkok #CIBAFI #IBANK #KBA

With support from Pakistan’s Ministry of Finance, Meezan Bank in collaboration with the Participation Banks Association of Türkiye (TKBB), successfully hosted a webinar titled ‘Short-Term (Hybrid) and Green Sukuk in Practice: Türkiye–Pakistan Market Perspectives’. The webinar brought together distinguished industry experts from Pakistan and Türkiye to exchange insights and practical experiences on the evolving Sukuk landscape. The discussion covered short-term and hybrid Sukuk structures, Green Sukuk, Shariah compliance, liquidity management and public debt management, highlighting key developments and market practices across both countries. Moderated by Ms. Fatma Çınar - Deputy Secretary General, TKBB, the session featured Mr. Muhammad Khaliq Uz Zaman - Director, Domestic Debt Management Office, Ministry of Finance, Pakistan and Mr. Shayan Ahmed Baig - Head Shariah Compliance, Meezan Bank, who shared insights from Pakistan’s Sukuk market and their respective areas of expertise. Representing Türkiye, Ms. Esma Karabulut - Assistant General Manager, DK Yatırım Menkul Değerler A.Ş. and Mr. Ahmet Cem Çakır - Head of Asset and Liability Management, Vakıf Katılım Bankası A.Ş., shared their perspectives and practical market experience. This collaboration reflects Meezan Bank’s continued commitment to promoting knowledge exchange, strengthening cross-border engagement and contributing to the development of Islamic capital markets. #ParticipationBanksAssociationofTürkiye #MeezanBank #IslamicBanking #IslamicFinance #TKBB #Sukuk #GreenSukuk #IslamicCapitalMarkets #Pakistan #Türkiye

Eid al-Adha, when sharing, solidarity, and brotherhood are experienced in the most meaningful way, is one of the exceptional occasions that strengthens our unity and togetherness. On these blessed days, when we once again remember the importance of supporting those in need, helping one another, and sharing, we hope that they bring health, peace, and abundance to our country, our nation, and the entire Islamic world. On this occasion, we wish that Eid al-Adha brings goodness and blessings, and we hope you celebrate many more eids together with your loved ones. #ParticipationBanksAssociationOfTürkiye

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/175311… #ParticipationBanksAssociationofTürkiye