Ziraat Katilim Review - Halal Finance Products

The profit-share deposit at Turkey's first state-owned participation bank (opened May 2015, TRY 10.35 billion paid-in capital funded by the Treasury). Opens from TRY, USD or EUR 250 or 50 grams of gold, in tenors of 1, 3, 6 and 12 months, longer than a year, or flexible up to 1,094 days. Ziraat Katilim prints its complete profit and loss sharing grid: TL depositors keep 90 percent of pool profit at every balance tier and tenor, USD and EUR depositors keep 30 percent, and gold accounts run at a printed 10/90 split. The ratio in force at opening is recorded in the passbook and cannot change before maturity. Partial withdrawals are allowed without breaking the term, and the page reproduces the full TMSF insurance terms, including the TRY 1.2 million limit and the profit-cap rule applied in a bank failure.

The gold-denominated tenor of Ziraat Katilim's participation account: opens from 50 grams in tenors of 6 months, 1 year or longer, with the profit split printed on the page as 10/90 for all balances and tenors and 15 percent withholding tax. Profit is paid in gold at maturity, and the same passbook ratio-lock and TMSF precious-metal insurance terms apply as for TL accounts.

Mortgage-secured home financing at the state participation bank, listed in the bank's own rate-band table at TRY 0 to 10 million over 1 to 120 months, within the broader Konut-Gayrimenkul family that also covers land purchase, urban-renewal (kentsel donusum) projects and individual workplace purchase. Ziraat Katilim also runs the state-contribution Konut Hesabi savings product (minimum 36 months of regular deposits, 2026 monthly bands TRY 4,511.50 to 45,115.04) that first-time buyers can pair with financing to capture the government contribution of up to 20 percent.

Ziraat Katilim's demand account in TL, foreign currency and precious metals, paying no profit share and serving as the hub for transfers, bill payments and the bank's financing products. The account shelf includes unusual special-purpose variants: a Social Media Content Producer account that applies withholding tax automatically to creator earnings, and a Home Production account for tax-exempt artisans selling goods made at home, alongside gold and silver depot accounts and an Aninda Gunluk (instant daily) hybrid that earns daily returns while keeping intraday liquidity.

Vehicle financing for new (0 km) cars and used cars up to 5 years old, with tenors up to 48 months per the bank's product bands (1-12, 1-24, 1-36 and 1-48 month tiers). The bank offers bundled credit life insurance, traffic insurance and kasko through its takaful partners, with costs varying by amount, tenor, age and vehicle. Applications run through branches, internet branch and Katilim Mobil.