Albaraka Türk Katılım Bankası A.Ş. has successfully completed the domestic sale of lease certificates (sukuk) amounting to TL 4 billion, with a maturity of 126 days. The issuance was completed following the required approval from Türkiye’s Capital Markets Board, highlighting the bank’s continued use of Shariah-compliant capital market instruments to diversify its funding sources and support effective liquidity management.
The successful placement of the short-term sukuk demonstrates continued investor interest in Shariah-compliant investment instruments in Türkiye’s domestic capital market. The transaction is expected to provide the bank with an additional source of funding while supporting balance sheet and liquidity management. It also highlights the growing importance of sukuk in Türkiye’s participation banking sector and Islamic capital market.
Albaraka Türk Katılım Bankası A.Ş. is an established participation bank in Türkiye, offering Shariah-compliant banking and financial products to individuals and businesses. The bank actively utilizes Islamic finance instruments, including lease certificates, to support its funding requirements and provide investment opportunities for investors seeking interest-free financial solutions.
The latest sukuk issuance further reflects the continued development of Türkiye’s Islamic capital market and the increasing use of Shariah-compliant financing instruments by participation banks. It also reinforces the role of sukuk as an important alternative funding and investment instrument within the Turkish financial system.