9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
With the publication of the Government Gazette that appeared today, an important decision came from the Bureau of Banking Regulations and Supervision. According to the shared decision, the
With the publication of the Government Gazette that appeared today, an important decision came from the Bureau of Banking Regulations and Supervision. According to the shared decision, the Council A101and the executive names of Turgut Aydın Holding to establish a digital participation bank.
In the shared announcement, the founding partners of Turkey’s new digital participation bank, Ahmet Yasar Aydin (A101 Chairman of the Board), Can Ersoz (CFO of Turgut Aydın Holding), Erhan Bostan (former CEO of A101), Tolga Akar and Ali Taha Aydin List as. BRSA, the bank’s founding capital 1 billion 500 million TL stated that. It is not explained whether the bank in question will have a direct link with A101.
“As a result of the examination of the letter dated 02.08.2022 and numbered E-43890421-101.01.01-57318 sent in the attachment of the agenda letter from the Presidency of the Board dated 03.08.2022 and its attachments;
Information and documents received in the context of Article 4 of the Regulation (Regulation) Transactions with Consent and Indirect Share of Banks (Regulation) and Article 11 of the Regulation on Operational Principles of Digital Banks and Service Model Banking (Digital Banking Regulation) are included in the said Articles within the framework of the authorization granted, as a result of the examination and evaluation carried out under Articles 7 and 8 of the Banking Law No. 5411 (Law), in accordance with Article 6 of the Law, in order to operate in accordance with the operating principles specified for digital banks in the Digital Bank Regulation and to apply for an operating license in this context by the founding partners Ahmet Yaşar AYDIN, Ali Taha AYDIN, Can ERSÖZ, Erhan BOSTAN and Tolga AKAR with a capital of 1,500,000,000 TL in Turkey.TOM Participation Bank A.Ş.It has been decided to allow the creation of a (digital) participation bank with the title “”
Participation banks, to which TOM Katılım Bankası A.Ş. has joined, conduct all their banking activities according to the principles of interest-free banking. based on the religion of Islam In their principles, these operational banks do not accept transactions involving interest, speculative and high risks. However, it does not allow banking transactions on matters deemed harmful to society, such as alcoholic beverages, games of chance, weapons and tobacco products.
Participation banks are based on ‘profit’, the gain arising from the cash or deferred sale of a commodity, and operate on a profit-loss basis. The profit share to be paid out to the customer is paid out of the profit resulting from the use of the funds collected in the pool.
Source: Web Tekno
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
