Türkiye Wealth Fund Secures USD 600 Million Long-Term Murabaha Financing

Operating under the vision of H.E. Recep Tayyip Erdoğan, President of the Republic of Türkiye and Chairman of TWF’s Board of Directors, the Fund is steadily expanding its impact in this fast-growing ecosystem.

In line with its broader strategy—including investments in participation-based insurance and finance, as well as the Istanbul Financial Center—TWF actively utilizes Islamic finance instruments such as sukuk and murabaha to support market development. As part of these efforts, TWF has signed a landmark murabaha financing agreement with a consortium of banks led by Kuwait Finance House (KFH), Kuwait’s first Islamic bank.

The financing arrangement comprises a USD 600 million facility with a five-year maturity and was concluded on an unsecured basis, requiring no collateral or guarantees. The terms reflect TWF’s strong financial position, its solid reputation in international markets, and the long-standing trust it has built with global investors. With this latest transaction, TWF’s total funding raised through Islamic finance instruments has now surpassed USD 1.8 billion.

Beyond reinforcing financial cooperation between Türkiye and Kuwait, this transaction also supports TWF’s strategic goal of expanding funding sources in global markets—while contributing to Türkiye’s economic growth and the deepening of its capital markets through long-term investments.