Participation Account

A Participation Account is a type of account opened for a minimum term of one month, under which the return at the end of the term is shared between the account holders and Emlak Katılım on a profit-and-loss sharing basis. It does not offer a predetermined or guaranteed return.

Funds collected in Participation Accounts are used to finance the trade, industry and services sectors in accordance with the principles of interest-free banking.

Through Participation Accounts, account holders share in the profits or losses of the projects financed by the bank. There is no predetermined or guaranteed return; the return is only known at the end of the term.

How Can I Open A Participation Account?

Emlak Katılım customers can open Participation Accounts at our branches, via our online banking service and through the Emlak Katılım Mobile app.

If you are not yet an Emlak Katılım customer, you can become one via a video call on the Emlak Katılım Mobile app and open your Participation Account.

Features and Benefits

You can open your Participation Account in TL, EUR, USD, XAU and XAG, with terms of 1 day or longer, depending on the currency.
The Participation Account enables you to earn returns within the framework of a profit-and-loss sharing arrangement. The funds collected are used by our Bank to finance companies operating in sectors such as trade and industry, in accordance with the principles of interest-free banking. The profit generated is distributed to account holders in accordance with the profit-sharing ratios determined at the outset.
Should you require funds from your Emlak Katılım Participation Account, you may withdraw money within your account limits without breaking the term, and receive your share of the profit on the remaining balance at the end of the term.

Profit Sharing Rates (TRY)
	Minimum Balance	Maximum Balance	1 Day	31 Day	3 Month	6 Month	1 Year	More Than 1 Year
	250	24.999	75	85	86	86	86
	25.000	99.999	80	87	88	88	88	88
	100.000	499.999	82	90	92	92	92	92
	500.000	1.249.999	85	92	93	93	93	93
	+1.250.000		90	94	95	95	95	95
Withholding Tax Rate			17.50%	17.50%	17.50%	17.50%	15%	10%

Profit Sharing Rates (USD)
	Minimum Balance	Maximum Balance	1 Day	31 Day	3 Month	6 Month	1 Year	More Than 1 Year
	250	24.999	65	50	50	50	50	50
	25.000	99.999	70	50	50	50	50	50
	100.000	499.999	72	50	50	50	50	50
	500.000	1.249.999	75	50	50	50	50	50
	+1.250.000		80	50	50	50	50	50
Withholding Tax Rate			25%	25%	25%	25%	25%	25%

Profit Sharing Rates (EUR)
	Minimum Balance	Maximum Balance	1 Day	31 Day	3 Month	6 Month	1 Year	More Than 1 Year
	250	24.999	65	50	50	50	50	50
	25.000	99.999	70	50	50	50	50	50
	100.000	499.999	72	50	50	50	50	50
	500.000	1.249.999	75	50	50	50	50	50
	+1.250.000		80	50	50	50	50	50
Withholding Tax Rate			25%	25%	25%	25%	25%	25%

Profit Sharing Rates (XAU)
	Minimum Balance(g)	Maximum Balance(g)	31 Day	3 Month	6 Month	1 Year	More Than 1 Year
	10	99.99	-	50	50	50	-
	+100		50	50	50	50	-
Withholding Tax Rate			15%	15%	15%	15%

Profit Sharing Rates (XAG)
	Minimum Balance(g)	Maximum Balance(g)	31 Day	3 Month	6 Month	1 Year	More Than 1 Year
	1.000	4.999	-	-	30	-	-
	5.000	9.999	-	30	30	-	-
	+10.000		30	30	30	-	-
Withholding Tax Rate			15%	15%	15%	15%