Albaraka Türk: Participation Banking, Owners and Fees
Albaraka Türk, a participation bank: its model in its own words, who owns it, and dated fee rows for transfers and ATMs, checked 22.10.2026.
Table of Contents
Albaraka Türk is a participation bank: the bank says it works on a profit-share basis, by the principles of interest-free banking. It was founded in 1984, began active work in 1985 and its shares are traded on Borsa İstanbul (About Albaraka). The Banking Regulation and Supervision Agency (BDDK) lists it among its 10 participation banks (BDDK’s list, checked 21.10.2026).
In short · checked 22.10.2026
A participation bank since 1984: profit share instead of interest, and a fee page with a date on every row.
- The model: the bank describes profit share, trade financing and fixed instalments in its own words (the scale below).
- The owners: Al Baraka Group B.S.C. (c) holds 53.39% in the table of 31.08.2026.
- The fees: nine services as dated rows, with a Turkish question to copy for each.
- The pages: the English and the Turkish fee page differ in the labels of three EFT amount bands; the receipt says so.
- The regulator’s list: a participation bank on 21.10.2026.
The bank’s fee pages · each row dated by the bank · checked 22.10.2026
What does the bank print for this service?
Pick a service. The receipt shows the bank’s fee rows as printed: minimum and maximum amount, minimum and maximum rate, and the date of the row. A dash on the bank’s page is left out. Under the rows is a question in Turkish to show at the bank.
EFT: a transfer to an account at another bank in Türkiye. FAST: the instant transfer system (Fonların Anlık ve Sürekli Transferi). Money order (havale): a transfer between accounts at the same bank. To name (isme): paid out to a person by name, without an account. BSMV: the banking and insurance transactions tax. SWIFT: the network banks use to send money abroad.
Incoming EFT
İsme Gelen EFT Ödenmesi
Payment to name, branch İsme Ödeme – Şube
- Min amount
- 236.48 TL
- Min rate
- 0.1%
- Max amount
- 1,460.38 TL
Payment to name, ATM İsme Ödeme – ATM
No amount is printed on this row.
A question to show at the bank, in Turkish
“İsme Gelen EFT Ödenmesi” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Incoming EFT paid out to a person by name”. Does this fee apply to my account too?
Incoming money order
İsme Gelen Havale Ödenmesi
Incoming money order, branch İsme Gelen Havale Ödeme – Şube
- Min amount
- 95.55 TL
- Min rate
- 0.1%
- Max amount
- 1,460.73 TL
Incoming money order, ATM İsme Gelen Havale Ödeme – ATM
No amount is printed on this row.
The bank’s note on the branch row: a commission of 0.5% is applied to payments in foreign currency to the name.
A question to show at the bank, in Turkish
“İsme Gelen Havale Ödenmesi” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Incoming money order paid out to a person by name”. Does this fee apply to my account too?
EFT at a branch
EFT Gönderilmesi – Şube
EFT, branch, up to 8,300 TL 8.300 TL ve altı
- Min amount
- 39.87 TL
- Max amount
- 39.87 TL
EFT, branch, 8,300 to 399,000 TL 8.300-399.000 TL arası
- Min amount
- 79.76 TL
- Max amount
- 79.76 TL
EFT, branch, over 399,000 TL 399.000 TL üstü
- Min amount
- 797.68 TL
- Max amount
- 797.68 TL
Regular EFT, branch, up to 8,300 TL Düzenli EFT Gönderimi – 8.300 TL ve altı
- Min amount
- 7.97 TL
- Max amount
- 7.97 TL
Regular EFT, branch, 8,300 to 399,000 TL Düzenli EFT Gönderimi – 8.300-399.000 TL arası
- Min amount
- 15.96 TL
- Max amount
- 15.96 TL
Regular EFT, branch, over 399,000 TL Düzenli EFT Gönderimi – 399.000 TL üstü
- Min amount
- 199.41 TL
- Max amount
- 199.41 TL
The bank’s English fee page labels these three bands 4,300 and 211,100 TL; its Turkish page labels the same rows 8,300 and 399,000 TL. The amounts and dates are the same on both. The labels here are the Turkish page’s.
A question to show at the bank, in Turkish
“EFT Gönderilmesi – Şube” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Sending EFT, branch”. Does this fee apply to my account too?
EFT by ATM, internet, phone, mobile
EFT Gönderilmesi – ATM / İnternet / Çağrı Merkezi / Mobil
EFT, up to 8,300 TL 8.300 TL ve altı
Offered at no fee.
EFT, 8,300 to 399,000 TL 8.300-399.000 TL arası
Offered at no fee.
EFT, over 399,000 TL 399.000 TL üstü
Offered at no fee.
Regular EFT, up to 8,300 TL Düzenli EFT Gönderimi – 8.300 TL ve altı
Offered at no fee.
Regular EFT, 8,300 to 399,000 TL Düzenli EFT Gönderimi – 8.300-399.000 TL arası
Offered at no fee.
Regular EFT, over 399,000 TL Düzenli EFT Gönderimi – 399.000 TL üstü
Offered at no fee.
The bank’s English fee page labels these three bands 4,300 and 211,100 TL; its Turkish page labels the same rows 8,300 and 399,000 TL. The amounts and dates are the same on both. The labels here are the Turkish page’s.
A question to show at the bank, in Turkish
“EFT Gönderilmesi – ATM / İnternet / Çağrı Merkezi / Mobil” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Sending EFT, by ATM, internet, call centre or mobile”. Does this fee apply to my account too?
FAST
Fonların Anlık ve Sürekli Transferi (FAST)
FAST, up to 8,300 TL 8.300 TL ve altı
For transactions on digital channels. Offered at no fee.
FAST, 8,300 to 399,000 TL 8.300-399.000 TL arası
For transactions on digital channels. Offered at no fee.
FAST, over 399,000 TL 399.000 TL üstü
For transactions on digital channels. Offered at no fee.
The bank’s English fee page labels these three bands 4,300 and 211,100 TL; its Turkish page labels the same rows 8,300 and 399,000 TL. The amounts and dates are the same on both. The labels here are the Turkish page’s.
A question to show at the bank, in Turkish
“Fonların Anlık ve Sürekli Transferi (FAST)” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Instant and continuous transfer of funds (FAST)”. Does this fee apply to my account too?
Money from abroad
Uluslararası Gelen Para Transferi Ödenmesi
From a bank in Türkiye or, through a third bank, from abroad, branch Yurt İçi Bankadan / Yurt Dışından 3. Banka Aracılığıyla Gelen – Şube
- Min amount
- 15 USD
- Min rate
- 0.25%
- Max amount
- 2,000 USD
From a bank abroad, branch Yurt Dışı Bankadan – Şube
- Min amount
- 15 USD
- Min rate
- 0.25%
- Max amount
- 2,000 USD
From a bank in Türkiye or, through a third bank, from abroad, ATM Yurt İçi Bankadan / Yurt Dışından 3. Banka Aracılığıyla Gelen – ATM
- Min amount
- 15 USD
- Min rate
- 0.25%
- Max amount
- 2,000 USD
From a bank abroad, ATM Yurt Dışı Bankadan – ATM
- Min amount
- 15 USD
- Min rate
- 0.25%
- Max amount
- 2,000 USD
From a bank abroad, Syria Yurt Dışı Bankadan – Suriye Ülkesi
- Min amount
- 20 EUR
- Min rate
- 0.05%
A question to show at the bank, in Turkish
“Uluslararası Gelen Para Transferi Ödenmesi” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Payment of an incoming international money transfer”. Does this fee apply to my account too?
Money sent abroad
Uluslararası Giden Fon Transferi ve Mesajlaşma Ücreti
To an account, branch Hesaba – Şube
- Min amount
- 25 USD
- Min rate
- 0.05%
- Max amount
- 5,000 USD
To an account, internet or mobile Hesaba – İnternet / Mobil
No transaction fee is charged. Only the SWIFT message fee: 25 USD short, 40 USD long.
To an account, Syria Hesaba – Şube / İnternet / Mobil – Suriye Ülkesi
- Min amount
- 75 EUR
- Min rate
- 0.1%
To a credit or debit card, internet or mobile (four rows, same figures) Kredi Kartına / Banka Kartına – İnternet / Mobil
- Min amount
- 15 TL
- Min rate
- 1%
Money sent with Western Union Giden Para Transferleri – Western Union
- Max rate
- 4.5%
A question to show at the bank, in Turkish
“Uluslararası Giden Fon Transferi ve Mesajlaşma Ücreti” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Outgoing international funds transfer and messaging fee”. Does this fee apply to my account too?
ATM cash and balance
ATM Para Çekme ve Bakiye Görüntüleme
Withdrawal above the limit at the bank’s own ATMs, domestic card Yurt İçi Kartlarla Kendi ATM’lerinden Limit Üstü Para Çekme – ATM
No amount is printed on this row.
Withdrawal at the bank’s own ATMs abroad, domestic card Yurt İçi Kartlarla Yurt Dışı Kendi ATM’lerinden Para Çekme – ATM
No amount is printed on this row.
Withdrawal at a domestic ATM, foreign or international card Yabancı/Yurt Dışı Kartlarla Yurt İçi ATM’lerden Para Çekme – ATM
- Min amount
- 1.04 TL
- Min rate
- 1.15%
Balance view at a domestic ATM, foreign or international card Yabancı/Yurt Dışı Kartlarla Yurt İçi ATM’lerden Bakiye Görüntüleme – ATM
- Min amount
- 0.27 TL
- Max amount
- 0.27 TL
A question to show at the bank, in Turkish
“ATM Para Çekme ve Bakiye Görüntüleme” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “ATM cash withdrawal and balance viewing”. Does this fee apply to my account too?
Another institution’s ATM
Başka Kuruluş ATM’sinden Yapılan İşlem Ücreti
Balance inquiry, domestic Bakiye Sorma – Yurt İçi
- Min amount
- 0.27 TL
- Max amount
- 0.27 TL
Balance inquiry, abroad Bakiye Sorma – Yurt Dışı
- Min amount
- 0.27 TL
- Max amount
- 0.27 TL
Withdrawal, domestic Para Çekme – Yurt İçi
- Min amount
- 1.04 TL
- Min rate
- 1.15%
Withdrawal, abroad Para Çekme – Yurt Dışı
- Min amount
- 1 EUR
- Max amount
- 1 EUR
Deposit, domestic Para Yatırma – Yurt İçi
- Min amount
- 1.04 TL
- Min rate
- 1.15%
A question to show at the bank, in Turkish
“Başka Kuruluş ATM’sinden Yapılan İşlem Ücreti” için internet sitenizde bir ücret yazıyor. Bu ücret benim hesabım için de geçerli mi?
It means: Your website lists a fee for “Transaction fee at another institution’s ATM”. Does this fee apply to my account too?
BSMV is the banking and insurance transactions tax (Banka ve Sigorta Muameleleri Vergisi). “Excludes BSMV” and “Includes BSMV” are notes on the bank’s own rows. The question only asks. Whether a fee applies to your account is for the bank to say.
Participation banking: the bank’s own words
The bank’s Islamic Banking page and its Turkish Katılım Bankacılığı page describe how the model works. The scale below follows the order of the list on the Turkish page, then adds one line from the English page.
The bank’s Islamic-banking pages · checked 22.10.2026
How the bank describes participation banking
Six weights, one for each sentence of the bank’s own pages. Pick one and the weights up to it go on the scale; it levels when all six are on.
Weight 1 of 6
Profit share
Participation banks work on the basis of profit share.
The same on the bank’s Turkish page
Katılım bankaları, kâr payı esasına dayanarak faaliyet gösterir.
Weight 2 of 6
Buy and sell
The bank buys the goods for cash, adds a profit and sells them to the customer for payment later.
The same on the bank’s Turkish page
Banka, malı peşin alır ve üzerine kâr ekleyerek müşteriye vadeli satar.
Weight 3 of 6
Profit paid out
The profit paid to the customer comes from the profit earned when the collected funds are used as financing.
The same on the bank’s Turkish page
Müşteriye ödenecek kâr, toplanan fonların finansman olarak kullandırılması sonucunda elde edilen kârdan ödenir.
Weight 4 of 6
The agreement
The bank and the customer set the profit rate at the start, in a contract.
The same on the bank’s Turkish page
Banka ve müşteri arasında kâr oranı baştan belirlenerek sözleşme düzenlenir.
Weight 5 of 6
Fixed instalments
Until the end of the term the profit rate does not change. The instalments are fixed and paid on dates set in advance.
The same on the bank’s Turkish page
Vade sonuna kadar kâr oranı değişmez ve taksit ödemeleri sabit olup, önceden belirlenen tarihlerde yapılır.
Weight 6 of 6
The fund owners
The bank’s English page says the owners of the collected funds are not promised a fixed income from the beginning, and the invested principal is not guaranteed.
The sentences describe the bank’s model as the bank writes it. They are not a promise about any account or any rate.
The owners: the shareholding table
The bank’s Shareholding Structure page prints a table dated 31.08.2026; the Turkish Ortaklık Yapısı page prints the same numbers. The tree below draws it: the roots are the four holders, as thick as their share.
The bank’s shareholding table · 31.08.2026 · checked 22.10.2026
Who holds the shares
The ‘Countries’ menu of the bank’s site
- 53.39%Al Baraka Group B.S.C. (c)
- 4.23%Islamic Development Bank
- 40.31%Publicly listed
- 2.07%Others
Share capital 2,500,000,000 TL. The bank’s note on the table: publicly listed shares of 1.72% of the capital that belong to Albaraka Group are not in the “Publicly listed” row; all publicly listed shares together are 42.03% of the capital.
The ‘Countries’ menu in the header of the bank’s site has 13 links, one per country. The menu does not say who owns each of those banks, and this page does not either.
The dates: from the About page
- 1984: the bank is founded; the page says it pioneered interest-free banking in Türkiye.
- 1985: it begins active work.
- 1998: credit card service starts after an agreement with Visa; the page gives 22 branches.
- 2007: a public offering.
- 2011: the first branch abroad opens in Erbil, Iraq.
The bank’s Expat Banking page says the documents needed to open an account may differ by country and that its relationship managers help with this. Branches and ATMs are on the bank’s Branches and ATMs page, which loads its finder with a script.
Short answers
What is a participation bank?
The bank’s pages describe one that works on a profit-share basis, by the principles of interest-free banking. BDDK’s list of 21.10.2026 has a group of 10 participation banks; Albaraka Türk is one.
Where does the bank print its fees?
On its Product and Service Fees page and its Turkish Ürün ve Hizmet Ücretleri page. Each row carries the date it was updated.
Is an EFT by internet or mobile charged?
The Turkish fee page says it is offered at no fee for EFT sent by ATM, internet, call centre or mobile (rows dated 16.01.2024), and the same for FAST on digital channels (rows dated 12.01.2021).
What does a foreign card pay at one of the bank’s ATMs?
For a cash withdrawal the row prints the amount × 1.15% + 1.04 TL, with BSMV included (row dated 01.03.2021). Viewing a balance is 0.27 TL.
Who owns Albaraka Türk?
In the table of 31.08.2026: Al Baraka Group B.S.C. (c) 53.39%, Islamic Development Bank 4.23%, publicly listed 40.31%, others 2.07%.
What documents do I need to open an account?
The bank’s Expat page says they may differ according to your country and that its relationship managers help. Ask at a branch.
Where do I find the bank’s SWIFT code?
The bank pages checked on 22.10.2026 do not print one. The fee rows only mention a SWIFT message fee: 25 USD or EUR for a short message, 40 for a long one. Ask the branch that holds the account.
Is there a list of all the banks in Türkiye?
Yes. The regulator keeps one list with 67 names; the overview of Turkish banks on this site goes through it.
Sources
Show the pages checked
- Product and Service Fees — Albaraka Türk, checked 22.10.2026
- Ürün ve Hizmet Ücretleri — Albaraka Türk, Turkish page, checked 22.10.2026
- Islamic Banking — Albaraka Türk, checked 22.10.2026
- Katılım Bankacılığı Nedir, Nasıl İşler? — Albaraka Türk, Turkish page, checked 22.10.2026
- About Albaraka — Albaraka Türk, checked 22.10.2026
- Shareholding Structure — Albaraka Türk, table dated 31.08.2026, checked 22.10.2026
- Ortaklık Yapısı — Albaraka Türk, Turkish page, checked 22.10.2026
- Albaraka Türk Expat Banking — Albaraka Türk, checked 22.10.2026
- Branches and ATMs — Albaraka Türk, checked 22.10.2026
- Kuruluş Listesi: Bankalar — BDDK, checked 21.10.2026
