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Investor Relations
History
History
History
AnasayfaInvestor RelationsCorporate InformationHistory
History

Albaraka Turk, the first finance institution and the pioneer in the field of interest-free banking, completed its establishment in 1984 and commenced operations in the beginning of 1985. Albaraka Turk continues its operations in compliance with the Law of Banking numbered 5411. Albaraka Turk was founded by Albaraka banking Group (ABG), one of the prominent groups of the Middle East, Islamic Development Bank (IDB) and a native industrial group of Turkey, which served the Turkish economy for more than half a century. As of 30.09.2012, in the partnership structure of Albaraka Turk, foreign partners are 66.13%, native partners are 10.90% and shares open to the public is 22.97%. The structure of Albaraka's partnership is the guarantee of the reputataion and trust we already have.
History
History
History
History

 

 

Albaraka, which collects funds through current and participation accounts and in turn circulates the funds into the economy through individual finance, corporate finance, financial leasing and profit/loss sharing based on projects, etc, is authorized to provide various financial and banking services through interest-free banking applications.   

Albaraka, which commenced banking with the vision of becoming the best in the region in presenting financial products and services in the regions ( The Gulf, Middle East and South Africa) where its main partner Albaraka Banking Group operates,  is able to provide its customers with superior, rapid and secure foreign trade (import, export and foreign exchange) thanks to a wide network of correspondent banks. Our network is comprised of over 796 banks operating in over 72 countries around the world, from Singapore to U.K., from South Africa to Morocco, and from Australia to Kazakhstan. 

 

Albaraka, who is ambitious in the field of Individual Banking, has been operating, as of 30.09.2012, with its 134 branches all over the country and 1 branch abroad; (for a total of 135 branches) 60 of which are in Istanbul and 76 of which are in the prominent industry and trade centers of Turkey, as an international participation bank that has adopted the mission of adding value to its customers, shareholders, employees and Turkey.