International Collaborations and Agreements

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International Collaborations and Agreements

MoU Agreements

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Foreign Banks and Associations

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Association of Islamic Banking and Financial Institutions of Malaysia (AIBIM)

The Association of Islamic Banking and Financial Institutions in Malaysia (AIBIM) was established in 1995 as the Association of Interest-Free Banking Institutions in Malaysia.
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West African Bankers Association (WABA)

The West African Bankers Association (WABA) and the Participation Banks Association of Turkiye (TKBB) signed a memorandum of understanding (MoU) on June 22, 2023 to cooperate in the fields of foreign trade, correspondent relations and digitalization, particularly in the development of the Islamic finance sector in Turkiye and Africa.
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Azerbaijan Banks Association (ABA)

The Azerbaijan Banking Association (ABA) and the Participation Banks Association of Turkiye (TKBB) signed a memorandum of understanding (MoU) on June 13, 2023 to support the development of the participation finance sector in Turkiye and Azerbaijan.
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Uzbekistan Banks Association (UBA)

The Union of Banks of Uzbekistan (UBA) and the Participation Banks Association of Turkiye (TKBB) signed a Memorandum of Understanding (MoU) on May 18, 2023 in Tashkent, Uzbekistan to develop the Islamic finance sector.
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Bahrain Association of Banks (BAB)

A Memorandum of Understanding (MoU) agreement was signed between the PBAT and the Bahrain Association of Banks (BAB) on November 16, 2020 to encourage mutual investments and to benefit from the knowledge and experience of both institutions in the financial and banking world.
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UAE Banks Federation (UBF)

A Memorandum of Understanding (MOU) was signed between the UAE Banks Association and the PBAT on January 21, 2022.
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Palestinian Banks Association (ABP)

A Memorandum of Understanding (MoU) agreement was signed between the Participation Banks Association of Turkiye and the Palestinian Banking Association on December 9, 2021 in order for the two institutions to benefit from their equipment and experience in the field of finance and banking.
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Educational Institutions, Financial Centers and Public Institutions

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Bahrain Institute of Banking and Finance (BIBF)

The Participation Banks Association of Turkiye (TKBB) and BIBF signed a Memorandum of Understanding (MoU) on 2 April 2021 to organize various training programs in the field of participation banking.
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International Islamic University Malaysia (IIUM)

IIUM is a public university established in Malaysia in 1983.
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Uzbekistan Academy of Banking and Finance (BFA)

The Banking and Finance Academy of Uzbekistan (BFA) and the Participation Banks Association of Turkiye (TKBB) signed a Memorandum of Understanding (MoU) on May 18, 2023 in Tashkent, Uzbekistan to develop the Islamic Finance sector.
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Studying of Economic Resources (SER)

The Participation Banks Association of Turkiye (PBAT) and Studying of Economic Resources (SER) signed a Memorandum of Understanding (MoU) on March 17, 2023.
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Qatar Financial Center (QFC)

The Participation Banks Association of Turkiye (PBAT) and Qatar Finance Center (QFC), the region's leading financial and business center, signed a Memorandum of Understanding (MoU) on March 16, 2023 to support the development of the finance sector in Turkiye and Qatar.
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Malaysia Digital Economy Cooperation (MDEC)

The Participation Banks Association of Turkiye (TKBB) and Malaysia Digital Economy Cooperation (MDEC) signed a Memorandum of Understanding (MoU) on August 1, 2023.
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Our Mou Agreements

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Foreign Banks and Associations

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The Council of Banks Associations of the Turkic States (CBATS)

The Council of Banking Associations of Turkiye States (CBATS) was established in Istanbul on November 4, 2022 to improve cooperation among member banking associations, to develop the banking sector by accurately assessing the demands of bankers and business people, to produce positive outputs for the real sector and national economies, and to share experiences by discussing issues and solutions related to the sector.
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Bosna Bank International (BBI)

Participation Banks Association of Turkiye (TKBB) and Bosnia Bank International (BBI) signed a Memorandum of Understanding (MoU) on May 12, 2022.
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Other International Organizations

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International Islamic Finance Market (IIFM)

The Participation Banks Association of Turkiye (TKBB) signed a Memorandum of Understanding (MoU) with the International Islamic Finance Market (IIFM) on April 11, 2023 for the development of participation banking.
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International Organizations Memberships

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General Council for Islamic Banks and Financial Institutions (CIBAFI)

The General Council for Islamic Banks and Financial Institutions (CIBAFI) is an international non-profit organization established in 2001 by the Islamic Development Bank (IsDB) and a number of leading Islamic financial institutions (IFIs). CIBAFI is affiliated to the Organization of Islamic Cooperation (OIC).
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Islamic Finance New (IFN)

Islamic Finance News (IFN) is a subscription digital publication that provides up-to-date information and the views of industry representatives within the Islamic finance ecosystem.
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REFINITIV

Refinitiv is an American-British provider of global financial market data and infrastructure. The PBAT cooperates with Turkey and LSEG in the exchange of data.
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Related Partners of Islamic Finance Ecosystem

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Bank Negara Malaysia

Bank Negara Malaysia (BNM) (Central Bank of Malaysia) is a public institution that started operations in 1959. Its role is to promote monetary and financial stability.
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International Islamic Liquidity Management Organization (IILM)

The International Islamic Liquidity Management Corporation (IILM) is an international organization established on 25 October 2010 by central banks and a multilateral organization to create and issue financial instruments in accordance with Islamic principles to facilitate effective cross-border Islamic Liquidity Management.
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Impact Investment Advisory Board (EYDK)

EYDK was established to facilitate the development of impact investing and a functioning ecosystem in Turkiye.
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