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.

Crypto Asset Platform Establishment

The Capital Markets Board of Türkiye (CMB) has unveiled a significant regulatory framework for crypto asset trading platforms, setting the stage for a new era of compliance in Türkiye. Published in its bulletin dated 8 August 8 2024 (the Resolution), this new framework introduces stringent requirements for the establishment, ownership, management and capital adequacy of these platforms.

Green Sukuk Working Report

On May 26, 2022, the Presidency of the Turkish Republic Finance Office published its Green Sukuk Working Report..