Kuveyt Türk Katilim Bankasi A.Ş. joins FCI as an Associate Member in Turkey | FCI
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Kuveyt Türk Katilim Bankasi A.Ş. joins FCI as an Associate Member in Turkey

Kuveyt Türk has been leading the participation (Islamic) banking sector in Turkey for 30 years with its 5,861 employees and 420 domestic branches in 72 cities.Since its foundation in 1989, Kuveyt Türk has made significant contributions to the development of participation (Islamic) banking in Turkey with its dynamic structure, corporate governance approach and innovative products offered to its customers.Main field of operation is, in addition to the Bank’s equity, to collect funds from domestic and foreign customers through “Current Accounts” and “Profit/ Loss Sharing Accounts” and allocate such funds to the economy, to perform all kinds of financing activities in accordance with the regulations, to encourage the investments of all individuals and legal entities operating in agricultural, industrial, trading and service industries, participating into the operations of these entities or individuals and to form joint business partnerships and to perform all these activities in a non-interest environment.As of 30 September 2019, 62.24% of the Bank’s shares are owned by Kuwait Finance House located in Kuwait, 18.72% by Vakıflar Genel Müdürlüğü Mazbut Vakıfları, 9.00% by The Public Institution For Social Security in Kuwait and 9.00% by Islamic Development Bank whereas the remaining 1.04% of the shares are owned by other real persons and legal entities.