First Stage Completed in the Merger of Publicly Owned Participation Finance Institutions

In line with the strategic vision of our President, H.E. Recep Tayyip Erdoğan, which provides direction for the development of participation finance, significant progress has been made towards enhancing the capacity and competitiveness of publicly owned participation finance institutions, strengthening the participation finance ecosystem and increasing its share within the financial markets.

The agreements signed concern the transfer of the shares of both financial institutions, and following the completion of the processes before the relevant legal and regulatory authorities, the transfers are targeted to be completed by the end of 2026. Efforts to bring publicly owned participation finance institutions together under a single roof are continuing in line with the established timetable.

In line with its investment strategy, Türkiye Wealth Fund continues its efforts to contribute to the development of financial markets and the strengthening of participation finance.