KT SUKUK VARLIK KİRALAMA A.Ş.

Corporate Details

ISIN(s):

N/A

LEI:

Country:

Türkiye

Address:

N/A

Website:

http://www.ktsukuk.com.tr/

Sector:

Financial and insurance activities

Industry:

Other financial service activities, except insurance and pension funding activities

Description

KT Sukuk Varlık Kiralama A.Ş. is a special purpose vehicle (SPV) and a subsidiary of Kuveyt Türk Participation Bank. The company specializes in issuing Sharia-compliant lease certificates (sukuk). Its core operational model involves acquiring assets from an originator institution, leasing them back to the originator to generate rental income, and issuing sukuk backed by these income-generating assets. At the end of the lease term, the asset is transferred back to the originator. This structure facilitates asset-backed financing for corporations and provides Sharia-compliant investment instruments for the capital markets.