In 2023, a significant part of the forecasts for the global economy were pessimistic due to the ongoing Russian-Ukrainian crisis, energy supply scenarios, the inability to stop the inflationary environment and the tightening financial conditions. However economic activity both in Türkiye and  the world has taken a stronger-than-expected path..Türkiyeentered into an important period with monetary policies and activities that will ensure development. Participation banks (PBs) has also actively supported economic development as an ecosystem memberwith its wide-range and sophisticated products and services...

22 April 2024 – Manama, Kingdom of Bahrain — The Participation Banks Association of Türkiye (TKBB) and the Bahrain Institute of Banking and Finance (BIBF) conducted a business programme aimed at supporting the development and enhancement of capacity building activities in Türkiye.

The 2024 IFN Annual Guide, which includes important developments in the Islamic finance sector and ecosystem activities, was published. Fatma Çınar, Director of the Participation Banks Association of Türkiye (TKBB), shared the developments in the participation banking sector in Türkiye and the projections for the upcoming years with the readers.

Türk Eximbank, the official export support organization of Turkey, is taking important steps to provide solutions to the needs of exporters in the field of interest-free banking. The Bank has added a new one to the services it offers in the field of interest-free banking in order to ensure that all exporters benefit from the supports.

The Association of Participation Banks of Turkey reported that the banking sector is able to meet all its obligations.

Participation Banks Association of Turkey (TKBB), Turkey's participation banking umbrella organization, is organizing an award-winning international academic article competition that will provide significant contributions to the sector and academia in the fields of “Social Finance, Financial Literacy, Sustainability and Digitalization” in the context of “Participation Finance” inclusiveness in cooperation with Istanbul Commerce University.

At the meeting of the Board of Directors of the Association of Participation Banks of Turkey held on February 16, 2023, the studies in the earthquake zone were discussed.