Lease Certificate (Sukuk)

What is a Lease Certificate (Sukuk)?

A Lease Certificate (Sukuk) is a capital market instrument that complies with interest-free finance principles, issued by asset leasing companies to provide financing for any type of asset, right, investment, or activity, and which entitles its holders to a share of the income generated from these assets, rights, investments, or activities in proportion to their ownership.

You can carry out Lease Certificate trading transactions through our physical branches and our Internet Branch, using the investment account you open at Emlak Katılım.

What are the Features of a Lease Certificate (Sukuk)?

•  Asset-Backed: It is essentially backed by an underlying asset and/or right.
•  Return Structure: It can offer fixed or variable returns.
•  Secondary Market Trading: It is traded in the secondary market. Investors holding lease certificates issued by our bank may sell all or part of these assets back to our bank before maturity, subject to market conditions.
•  Detailed Information: You can visit emlakkatilimvks.com.tr for details on lease certificates previously issued by our bank, and www.emlakvks.com.tr for details on lease certificate issuances by third parties for which we act as an intermediary.

How to Purchase a Lease Certificate (Sukuk)?

You can execute your Lease Certificate trading transactions through our branches and our Internet Branch, using the investment account you open at Emlak Katılım.

What are the Advantages of a Lease Certificate (Sukuk)?

 Short/Medium/Long-Term Investment Opportunity: Lease certificates (Sukuk) provide holders with the opportunity to earn fixed or variable returns over short, medium, and long-term periods, depending on the maturity structure of the certificate.

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

 Asset/Right-Based: Lease certificates are based on underlying assets. Investors who purchase lease certificates earn returns in proportion to their share of the assets and rights underlying the issuance.

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

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