Lease Certificate (Sukuk)

It is a capital market product, compliant with interest-free finance principles, issued by asset leasing companies to finance various assets, rights, investments, or activities, and which entitles holders to a share of the income generated from these assets, rights, investments, or activities in proportion to their holdings.

• They are fundamentally backed by an asset and/or a right.
• They may offer fixed or variable returns.
• They are traded on the secondary market. Investors holding lease certificates issued by our Bank may sell all or part of these securities back to the Bank prior to maturity, subject to market conditions.
• You can visit emlakkatilimvks.com.tr for details on sukuk previously issued by our Bank, and www.emlakvks.com.tr for details on lease certificate issuances by third parties for which we have acted as an intermediary.

You can carry out Lease Certificate trading transactions through our branches and the Internet Branch using an investment account opened with Emlak Katılım.

Investment opportunity with short, medium, or long-term fixed or variable returns: Lease certificates (sukuk) offer holders the opportunity to earn fixed or variable returns over short, medium, or long-term horizons, depending on the certificate's maturity structure.

Periodic Payments: Lease certificates entitle holders/investors to earn periodic income in accordance with interest-free finance principles.

Asset/Right-Backed: Lease certificates are backed by underlying assets. Investors who purchase lease certificates earn returns based on their share of the assets and rights underlying the issuance.

Liquidity Advantage: Issued lease certificates are listed on Borsa Istanbul. Lease certificates approved for secondary market trading can be converted into cash in the secondary market. Investors may convert their lease certificates into cash—either fully or partially—prior to maturity, depending on their needs.

Use as Collateral at Our Bank: Investors who invest in lease certificates issued by our Bank can obtain financing from the Bank by pledging these certificates as collateral.