The Malaysia Mission, organized in collaboration with the Presidency of the Republic of Türkiye Investment and Finance Office and the Participation Banks Association of Türkiye (TKBB), was held in Kuala Lumpur under the theme “From Straits to Straits: Cross-Border Opportunities in Islamic Finance.”
As part of the program, a Memorandum of Understanding (MoU) was signed between TKBB and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) to strengthen cooperation in the field of participation finance.
In his opening remarks, TKBB Chairman Mehmet Ali Akben highlighted the significant growth of Türkiye’s participation finance sector in recent years, emphasizing its role in supporting the real economy and enhancing financial inclusion. He noted that enhanced cooperation between Türkiye and Malaysia holds strategic importance for the global participation finance ecosystem.
The MoU was signed by Mehmet Ali Akben, Chairman of the Board of TKBB; Rafe Haneef, President of AIBIM; İsmail Vural, Secretary General of TKBB; and Ratna Sha’erah Kamaludin, Chief Executive Officer of AIBIM. The agreement aims to promote knowledge and expertise sharing, develop joint projects, and support cross-border financial collaboration.
As part of the program, TKBB Deputy Secretary General Fatma Çınar delivered a presentation titled “The Turkish Economy and Participation Banks,” providing an overview of Türkiye’s economic outlook, the current state of the participation banking sector, and its growth potential, while highlighting the importance of international cooperation.
Following this, Fuat Bora Doğanay, Deputy General Manager of Kuveyt Türk Portfolio Management, shared insights on recent developments in asset management and participation finance.
Subsequent sessions focused on cooperation opportunities, particularly in Islamic capital markets. In the afternoon, roundtable discussions were held on participation banking, liquidity management, and takaful.
During these sessions, topics such as cross-border financing opportunities, joint financing models, liquidity management instruments, and risk-sharing-based collaborations were discussed in detail.
The program continued with technical engagements with international institutions and a business forum attended by representatives from the financial sector, facilitating direct cooperation opportunities between Türkiye and Malaysia.
Within the scope of the Malaysia Mission, B2B meetings were also held between institutions from both countries, leading to concrete steps toward new partnerships. This collaboration, which is expected to deepen in areas such as Islamic banking, capital markets, liquidity management, and takaful, aims to establish a sustainable and long-term partnership framework between Türkiye and Malaysia.
