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Easily invest your savings with the Participation Account, an account type offered by Kuveyt Türk. Open a Participation Account, in which the yield is shared within the framework of a profit-loss partnership in line with the principles of interest-free banking through the Kuveyt Türk Mobile!

About Participation Account

According to the principles of participation finance, a Participation Account is a type of account in which your savings are collected to finance service, industry, and trade sectors. The yield is shared between Kuveyt Türk and account holders according to the profit-loss partnership. Thanks to this account type, which you can easily open through the Kuveyt Türk Mobile, you can invest your savings and make a profit.

How to Open a Participation Account

You can open your account quickly and easily using Kuveyt Türk Mobile. You can also use the Internet Branch or visit one of the Kuveyt Türk branches.

Details on Participation Account

  • The minimum balance required to open a Participation Account is 250 TRY, 250 USD, or 250 EUR.
  • You can choose from Classic, Silver, Gold, Platinum, and Platinum+ account types to suit your needs. Please note that profit share rates may vary between these account types.
  • You can deposit your savings in TRY, euro, or US dollars.
  • You can open your accounts with terms of 1 month, 3 months, 6 months, 1 year or longer than 1 year.
  • Depending on the account type, you can withdraw your money without breaking the term within the specified limits and get a share of the profit in line with your remaining balance when the term date comes. The profit share amount is determined at the end of the term.

Advantages of Participation Account

  • Make a steady return thanks to the Participation Account.
  • Earn profit share with the most up-to-date fund collection rates.
  • Benefit from the withholding tax advantage when you open a long-term TRY Participation Account.
  • Choose the right account for your needs among different account types.

Transaction Limits of Participation Account

TRY Profit Share Rates (%)

  Opening Balance Minimum Balance* 1-Month (30-31 Days) 3-Month (32-91 Days) 6-Month (92-180 Days) 1-Year (181-364 Days) Longer than 1-Year (366-999 Days)
Classic 250 250 85-15 86-14 88-12 88-12 88-12
Silver 25.000 15.000 87-13 88-12 91-9 91-9 91-9
Gold 100.000 75.000 90-10 91-9 93-7 93-7 93-7
Platinum 500.000 375.000 92-8 93-7 94-6 94-6 94-6
Platinum+ 1.250.000 1.000.000 94-6 94-6 95-5 95-5 95-5
Withholding Tax Rates**     7,5% 7,5% 7,5% 5% 2,5%

USD Profit Share Rates (%)

  Opening Balance Minimum Balance* 1-Month (30-31 Days) 3-Month (32-91 Days) 6-Month (92-180 Days) 1-Year (181-364 Days) Longer than 1-Year (366-999 Days)
Classic 250 250 20-80 20-80 20-80 20-80 20-80
Silver 50.000 35.000 20-80 20-80 20-80 20-80 20-80
Gold 250.000 175.000 20-80 20-80 20-80 20-80 20-80
Platinum 750.000 600.000 20-80 20-80 20-80 20-80 20-80
Platinum+ 1.500.000 1.250.000 20-80 20-80 20-80 20-80 20-80
Withholding Tax Rates     25% 25% 25% 25% 25%

EUR Profit Share Rates (%)

  Opening Balance Minimum Balance* 1-Month (30-31 Days) 3-Month (32-91 Days) 6-Month (92-180 Days) 1-Year (181-364 Days) Longer than 1-Year (366-999 Days)
Classic 250 250 20-80 20-80 20-80 20-80 20-80
Silver 50.000 35.000 20-80 20-80 20-80 20-80 20-80
Gold 250.000 175.000 20-80 20-80 20-80 20-80 20-80
Platinum 750.000 600.000 20-80 20-80 20-80 20-80 20-80
Platinum+ 1.500.000 1.250.000 20-80 20-80 20-80 20-80 20-80
Withholding Tax Rates     25% 25% 25% 25% 25%

* The Minimum Balance must be available in your account in case of withdrawal within the term period.

* Valid for accounts opened and renewed between 01.08.2024 and 31.10.2024.

Participation Account Types

You can choose from the following account types:

  • Classic
  • Silver
  • Gold
  • Platinum
  • Platinum+

Channels to Apply for Participation Account

  • If you have a Kuveyt Türk account, you can quickly apply through the Kuveyt Türk Mobile.
  • If you do not have an account, you can visit our Become a Kuveyt Türk Customer page and check out the steps to become a customer.
  • You can also apply through the Internet Branch or by visiting one of our branches.

Frequently Asked Questions About Participation Account

Can I merge my Participation Accounts?

Customers who have more than one Participation Account can merge their accounts. To do so, open a new Participation Account and add your existing Participation Account(s) to it.

Do I need to pay a fee to open a Participation Account?

No. You can open your Participation Account completely free of charge and start earning a profit share.

Can I transfer the income from my Participation Account to my current account?

Yes. You can either keep the profit share in your Participation Account or transfer it to your current account.

Is my Participation Account under state guarantee?

Regardless of whether you are a natural person or a legal entity, accounts are under the guarantee of the Savings Deposit Insurance Fund if the total balance in your Participation Account and private current accounts is a maximum of 400,000 TRY.