January 14, 2025
Ijara under Turkish Law: Bridging Islamic Finance and Legal Frameworks
Islamic financial products are becoming increasingly prominent and versatile in Türkiye, with Ijara emerging as a key example. As a secular country with civil law tradition, Türkiye provides a robust legal foundation, complemented by additional frameworks and guidance notes that facilitate the application of Sharia requirements to Islamic financial products.
January 8, 2025
New Regulation on Administrative Fines for Anti-Competitive Practices
The "Regulation on Administrative Fines for Anti-Competitive Agreements, Concerted Practices, and Decisions, and Abuse of Dominant Position" (“Regulation”), published in the Official Gazette No. 32765 dated 27 December 2024, establishes the procedures and principles for determining administrative fines to be imposed under Article 16 of the Law No. 4054 on the Protection of Competition (“Law”) replacing the "Regulation on Fines to Be Imposed in Cases of Anti-Competitive Agreements
December 12, 2024
Green Light to Collaborations in Electric Vehicles Market
Turkish Competition Board (“Board”) published its reasoned decision regarding Türkiye’nin Otomobili Girişim Grubu Sanayi ve Ticaret AŞ (“TOGG”)’s application to establish a hybrid after-sales service system for electric vehicles where TOGG planned to implement a hybrid after-sales service model in collaboration with the authorised chain services of Bosch Sanayi ve Ticaret A.Ş. ("Bosch") for its electric passenger vehicles.
January 14, 2025

Ijara under Turkish Law: Bridging Islamic Finance and Legal Frameworks

Islamic financial products are becoming increasingly prominent and versatile in Türkiye, with Ijara emerging as a key example. As a secular country with civil law tradition, Türkiye provides a robust legal foundation, complemented by additional frameworks and guidance notes that facilitate the application of Sharia requirements to Islamic financial products.
January 8, 2025

New Regulation on Administrative Fines for Anti-Competitive Practices

The "Regulation on Administrative Fines for Anti-Competitive Agreements, Concerted Practices, and Decisions, and Abuse of Dominant Position" (“Regulation”), published in the Official Gazette No. 32765 dated 27 December 2024, establishes the procedures and principles for determining administrative fines to be imposed under Article 16 of the Law No. 4054 on the Protection of Competition (“Law”) replacing the "Regulation on Fines to Be Imposed in Cases of Anti-Competitive Agreements
December 12, 2024

Green Light to Collaborations in Electric Vehicles Market

Turkish Competition Board (“Board”) published its reasoned decision regarding Türkiye’nin Otomobili Girişim Grubu Sanayi ve Ticaret AŞ (“TOGG”)’s application to establish a hybrid after-sales service system for electric vehicles where TOGG planned to implement a hybrid after-sales service model in collaboration with the authorised chain services of Bosch Sanayi ve Ticaret A.Ş. ("Bosch") for its electric passenger vehicles.



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Green Light to Collaborations in Electric Vehicles Market
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