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
- You can open your accounts on a daily, 1-month, 3-month, 6-month, 1-year or more than 1-year maturity provided that the minimum maturity is 2 days.
- To open a Participation account with a maturity of 1 month, 3 months, 6 months, 1 year or more than 1 year, the minimum balance required in your account is 250 TL, 250 USD or 250 EUR. You can open Daily Profit Participation Account with a balance of 1,000 TL, 1,000 USD or 1,000 EUR.
- In this type of account, the rate of return is determined at maturity.
- Provided that it is kept within the limits, money can be withdrawn from the account without breaking the maturity.
- If money is withdrawn from the account, the dividend payment is made over the remaining balance on the maturity date.
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
*The Minimum Balance must be available in your account in case of withdrawal within the term period.
**Valid for accounts opened and renewed between 01.02.2024 and 30.04.2025
*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.
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.