We are Türkiye’s Islamic Treasury
- First and only London Bullion Market Association (LBMA) 'Associate' Turkish bank
- The only official "Clearing Bank" of Borsa Istanbul Precious Metals Market (BIST-PMM)
- 1st Bank at BIST-Precious Metals Market with volume of transactions since 2008
- Most liquid Turkish bank in physical gold and silver
Trading
- Settlement: account to account
- Possible Transaction Value Dates: Today, Spot, Forward
- Platforms/Channels: TradePlus (Kuveyt Turk’s electronic trading platform), 260T (aggregator platform), Reuters, Bloomberg, etc.
Foreign Exchange Trading
- Tradable Currencies: USD, EUR, GBP, CHF, NOK, SEK, DKK, JPY, AUD, CAD, TRY, SAR, AED, KWD, XAU, XAG, XPT
Precious Metals Trading
Our Precious Metals include Gold and Silver; Platinum Group Metals include Platinum
- Gold Kilobar & Large Bar - London Good Delivery 0.995 purity gold kilobars and minimum 0,995 purity large bars
- Customized Gold Bars and Coins: London Good Delivery, with various range of weight and purity options.
- Silver Large Bar: London Good Delivery 0.999 and 0.9999 purity silver large bars
- Silver Grain (Granule): London Good Delivery 0.999 and 0.9999 purity silver grains
Precious Metals Accounts Service
- Kuveyt Turk provides bullion (gold, silver, platinum) account service to its valuable correspondents.
Sukuk Market
What is Sukuk?
- Usually refers to the interest-free bond.
- It is an asset-based certificate that demonstrates the right to have / benefit from an asset.
- They are equally valued certificates. Indivisible shares represent the authority of ownership.
- They can be traded at secondary markets.
- They can have fixed or variable return.
Types of Sukuk
- Sukuk Ijara
- Sukuk Mudaraba
- Sukuk Musharaka
- Sukuk Murabaha
- Sukuk Salam
- Sukuk Istisna’a
- Sukuk Wakala
Sukuk Wakala is the most widely used one in sukuk transactions of Kuveyt Türk .
Transaction Records
2010: The first Turkish bank sukuk issuance for 100 Million USD out of Türkiye and Europe
2011: A second bank sukuk issuance for 350 Million USD
2013: Kuveyt Turk's first local currency sukuk issuance for 150 Million TRY for domestic market
2013: Dual currency Club-Murabaha for 275 Million USD 83 Million EUR
2014: Sukuk issuance for 500 Million USD
2014: Syndication Murabaha 300 Million USD 40 Million EUR
2015: KT Kira Sertifikaları Varlık Kiralama 800 Million RM Sukuk Wakalah
2016: KT Sukuk Company Ltd. 350 Million USD Tier II Sukuk
2016: KT Kira Sertifikaları Varlık Kiralama A.S. 500 Million USD Sukuk issuance
2019: KT One Company Ltd. 200 Million USD Tier I Sukuk
TradePlus
‘Kuveyt Turk’s E-trading Platform’
TradePlus is a simple, intuitive and consistent way to manage foreign exchange and asset price volatility risk while potentially lowering the cost of trading. TradePlus FX Trading, provides two-way executable streaming prices in 17 currencies.
- A simplified, intuitive and consistent way to manage FX and PMs transactions, eliminating human intervention, expediting trading process, benefiting from smaller price spreads.
- Quick installation
- Today, Spot and Forward value dates
- Transaction execution in miliseconds
- User-friendly
- Actively informative with its reporting tools
Foreign Exchange @ TradePlus
Tradable 17 currencies: (USD, EUR, GBP, CHF, NOK, SEK, DKK, JPY, AUD, CAD, TRY, SAR, AED, KWD, XAU, XAG, XPT) with streaming prices
Precious Metals @ TradePlus
Tradable metals: Gold (XAU), Silver (XAG), Platinum (XPT) with streaming prices
Capital Markets Products
We have profitable financial instruments for your investment.
Lease Certificates (Sukuk)
We have been leading the Turkish Sukuk market, issuing the first sukuk in Turkish history. Among our products and services, Sukuk is highly profitable and safe haven product.
Stock Market
We provide stock exchange (Borsa Istanbul, BIST) services via investment accounts.
Investment Funds
Increase your savings with our qualified Fund Management Team
Investment Banking Products
Kuveyt Turk offers a broad range of investment banking services with expertise across the energy, renewables, infrastructure, telecoms, healthcare, real estate, construction, mining & metals, commodities, agro-chemicals and retail industries.
- Assisting our corporate clients for reaching their strategic goals and creating value for them.
- Islamic Capital Markets, Project Finance, Mergers & Acquisitions Advisory and Corporate Finance.
Debt Capital Market Deals
Kuveyt Turk has significant position among islamic banks in Debt Capital Market Transactions. Kuveyt Turk also realised some transactions which are pioneer in the Islamic Banking sector.
Transaction Records
2010: The first Turkish bank sukuk issuance for 100 Million USD out of Türkiye and Europe
2011: A second bank sukuk issuance for 350 Million USD
2013: Kuveyt Turk's first local currency sukuk issuance for 150 Million TRY for domestic market
2013: Dual currency Club-Murabaha for 275 Million USD 83 Million EUR
2014: Sukuk issuance for 500 Million USD
2014: Syndication Murabaha 300 Million USD 40 Million EUR
2014-2015: KT Kira Sertifikaları Varlık Kiralama 1.8 Billion TL Sukuk Issuance
2015: KT Kira Sertifikaları Varlık Kiralama 800 Million RM Sukuk Wakalah
2016: KT Sukuk Company Ltd. 350 Million USD Tier II Sukuk
2016: KT Kira Sertifikaları Varlık Kiralama A.S. 500 Million USD Sukuk issuance
Project Finance Deals
Kuveyt Turk holds a leading position among Islamic banks in Project Finance deals. Actively arranged and took part in project finance facilities for acquisitions, commercial real estate financings, greenfield energy projects, privatizations and refinancing deals in Türkiye, Europe and CIS region with total credit risk of 400 mio USD.
Transaction Records
2011:First project finance loan for a greenfield Solar Power plant in Europe
2013:Took part in the syndication of banks to provide privatization financing of an electricity distribution project with total deal size of 360 Mio USD
2015:First and only floating profit rate project finance loan in the amount of 100 mio USD
2015:Largest greenfield Hydro Power Plant financing among participation banks with total credit size of 110 mio Eur