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105.60000 TRY
0.6
0.57%
Last update Apr 27, 5:59 PM +03
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Day range
102.80000
106.80000
Previous close
105
Open
105
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Katilimevim Tasarruf Finansman A.S.
105.60
0.60
0.57%

Overview

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Description

Katilimevim Tasarruf Finansman A.S. operates as a participation-based savings and financing institution in Turkey. This company provides a unique platform for individuals and families interested in purchasing homes through collective savings plans and financial cooperation. Its primary function is to facilitate interest-free home ownership by grouping clients with similar financial capabilities into savings pools, allowing participants to access funds for property acquisition in rotation. This model supports sustainable finance by promoting equitable access to housing without the burden of conventional interest. Katilimevim impacts the real estate and finance sectors significantly, fostering growth in home ownership and contributing to economic stability within the region. By adhering to participation finance principles, it taps into a market segment focused on ethical and Sharia-compliant investing, enhancing its appeal to a broad demographic. Positioned as a key player in Turkey's growing interest-free finance sector, Katilimevim addresses the housing needs of diverse communities while promoting financial inclusion and responsibility.

About

CEO
Employees
1346
Address
Serifali Mah. Turcan Cad.
Kale Sk. No: 21 Ümraniye
Istanbul
Phone
90 216 232 24 24
Instrument type
Common stock
Sector
Financial Services
Industry
Credit Services
Country
Turkey
MIC code
XIST
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