Albaraka Türk
in Turkiye 🇹🇷
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About Albaraka Türk in Turkiye
Albaraka Türk is Turkey's first and most experienced participation bank, operating according to Islamic banking principles without charging or paying interest. Established in 1984 and commencing operations in 1985, the bank is a major player in Turkey's participation banking sector with assets exceeding TRY 146 billion as of recent years.
The bank serves approximately 2.4 million customers through a nationwide network and is the only participation bank in Turkey whose shares are publicly traded on Borsa Istanbul. Albaraka Türk operates as a full-service participation bank offering retail, corporate, and commercial banking services.
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