Islamic finance, a financial system based on interest-free banking principles and characterized by risk sharing, ethical investment approach and fairness, has achieved significant growth on a global scale in recent years. One of the key elements of this growth is to enable the training of competent human capacity. Human capital plays a vital role in the sustainable, dynamic and qualified growth of ecosystems. Both in the world and in Türkiye, Islamic finance education continues to develop through universities, research centres and various certificate programs.

The second Islamic Banking and Finance Training Program was organized within the scope of the activities of the Council of Banks Associations of the Turkic States (CBATS).

The foreign trade performance of the Organisation of Islamic Cooperation (OIC) member states constitutes a substantial segment of global trade. According to the Working Group of the Standing Committee on Economic and Commercial Cooperation of the OIC, as of 2023, trade involving OIC member states accounts for 11% of global trade, while intra-OIC trade represents 19% of the total.

Islamabad, Pakistan IThe Institute of Business Administration (IBA) Karachi's Center for Excellence in Islamic Finance (CEIF) has inked an MoU with Türkiye Katılım Bankaları Birliği - TKBB (Participation Banks Association of Türkiye) to collaborate on a range of leadership development, research, and capacity buildings initiatives of TKBB.

Islamabad, Pakistan I In a significant step towards fostering international collaboration in Islamic finance, Meezan Bank Limited, Pakistan’s leading Islamic bank, and the Participation Banks Association of Türkiye (TKBB) have signed a Memorandum of Understanding (MoU) to drive innovation, knowledge sharing, and capacity building in the sector.

Istanbul, Türkiye| The General Council of Islamic Banks and Financial Institutions (CIBAFI), the Participation Banks Association of Türkiye (TKBB) and Istanbul Commerce University have signed a comprehensive Memorandum of Understanding (MoU) to foster innovation, research and development in the field of participation finance both in Türkiye and globally.

The Finance Office of Presidency of the Republic of Türkiye, Participation Banks Association of Türkiye (TKBB) and the Malaysian Financial Planning Council (MFPC) jointly organized a program titled "Malaysia's Financial Literacy and Financial Planning Experience" on November 19, 2024, hosted by Türk Eximbank for sector representatives in order to contribute to the participation finance ecosystem in Türkiye by sharing Malaysia's best practices in financial literacy and planning, and benefit from its experiences.

In cooperation with the Finance Office of Presidency of the Republic of Türkiye (CBFO), Participation Banks Association of Türkiye (TKBB) and the Islamic Financial Services Board (IFSB), international standard-setting body of regulatory and supervisory agencies with approximately 188 members from the central authorities of the Islamic finance industry, a forum titled "Strengthening Ties Between the IFSB and The Participation Financial System in Türkiye" was held on November 18, 2024, hosted by Istanbul Finance Center Halkbank headquarters to strengthen the strategic ties between Türkiye and the IFSB in the participation financial sector and to ensure the sustainable development of the sector. The opening speeches of the forum were delivered by CBFO Vice President Necip Fazıl Kaymak, Deputy Secretary General of TKBB Fatma Çınar and IFSB Secretary General Dr. Ghiath Shabsigh.

Finance Office of Presidency of the Republic of Türkiye (CBFO), Participation Banks Association of Türkiye (TKBB) and Islamic Financial Services Board (IFSB), international standard-setting body of regulatory and supervisory agencies  jointly organized a workshop hosted by TKBB on November 18, 2024 on strengthening the strategic ties between Türkiye and the IFSB in the Islamic finance sector.

Islamic Finance Briefing, which brings together senior representatives of local and international financial institutions, held its first meeting in Türkiye. They shared vital insights about the country’s place and importance in the global Islamic finance industry.