Albaraka Türk's Historical VDMK Issuance: 312.7 Million TL

Albaraka Türk Participation Bank has made a significant milestone in the field of participation banking by collaborating with the Turkey Asset Securitization Company (TMKŞ) to issue a total of 312,700,000 TL nominal value of Asset-Backed Securities (ABM). This transaction is notable for being the first ABM transaction carried out through capital markets in the participation banking sector.

The ABM issuances offered two different maturities of 51 and 52 days. These maturities provide a predictable return for investors while also supporting the sector's acceptance of such financial instruments. The ABM issuances are expected to offer attractive opportunities for both individual and institutional investors.

Participation banking is rapidly growing in Turkey's financial system. Albaraka Türk continues to promote this growth trend by offering innovative products to enable investors and savers to benefit from the opportunities within participation banking. This issuance enhances Albaraka Türk's effectiveness in the financial markets and will serve as an inspiration for other participation banks in the sector.

The importance of Asset-Backed Securities is increasing, playing a significant role in ensuring financial stability. Albaraka Türk's initiatives in this area will allow the bank to diversify its funding strategies and take steps to become a more effective player in capital markets.

Alongside meeting short-term financing needs, this issuance also creates a solid foundation for enhancing investors' risk management capabilities. In the current economic conditions, the alternative financing methods offered by participation banks present an important opportunity for investors seeking a safe haven.