Ziraat Katılım
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Ziraat Katılım
Ziraat Katılım is a state-owned participation bank in Turkey. The bank was founded on 12 May 2015, and is wholly owned by Treasury of Turkey. Ziraat Katılım is a member of Ziraat Finance Group, which has Turkey's largest bank Ziraat Bankası both per number of branches and total assets, as of 2016. Its slogan is "Paylaştıkça daha fazlası" (Turkish: ''Even more when shared''). The official opening ceremony was held on 29 May 2015, on the anniversary of Fall of Constantinople with participation of the President of Turkey. First account was opened for the President Erdoğan. The logo of the bank is very similar to Ziraat Bankası, both resembling an " ear of wheat" with bank initials, ZB and ZK respectively. Ziraat Bank logo additionally contains the letters "TC" for Republic of Turkey (Turkish Turkish may refer to: *a Turkic language spoken by the Turks * of or about Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation ...
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Finance And Insurance
Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the acquisition to its holding company simply to diversify its earnings. Outside the U.S. (e.g. Japan), non-financial s ...
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Turkey
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with a East Thrace, small portion on the Balkans, Balkan Peninsula in Southeast Europe. It shares borders with the Black Sea to the north; Georgia (country), Georgia to the northeast; Armenia, Azerbaijan, and Iran to the east; Iraq to the southeast; Syria and the Mediterranean Sea to the south; the Aegean Sea to the west; and Greece and Bulgaria to the northwest. Cyprus is located off the south coast. Turkish people, Turks form the vast majority of the nation's population and Kurds are the largest minority. Ankara is Turkey's capital, while Istanbul is its list of largest cities and towns in Turkey, largest city and financial centre. One of the world's earliest permanently Settler, settled regions, present-day Turkey was home to important Neol ...
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Islamic Banking
Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include ''Mudarabah'' (profit-sharing and loss-bearing), ''Wadiah'' (safekeeping), ''Musharaka'' (joint venture), ''Murabahah'' (cost-plus), and ''Ijara'' ( leasing). Sharia prohibits ''riba'', or usury, defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revi ...
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Treasury Of Turkey
A treasury is either *A government department related to finance and taxation, a finance ministry. *A place or location where treasure, such as currency or precious items are kept. These can be state or royal property, church treasure or in private ownership. The head of a treasury is typically known as a treasurer. This position may not necessarily have the final control over the actions of the treasury, particularly if they are not an elected representative. The adjective for a treasury is normally treasurial. The adjective "tresorial" can also be used, but this normally means pertaining to a ''treasurer''. History The earliest found artefacts made of silver and gold are from Lake Varna in Bulgaria dated 4250–4000 BC, the earliest of copper are dated 9000–7000 BC. The term ''treasury'' was first used in Classical times to describe the votive buildings erected to house gifts to the gods, such as the Siphnian Treasury in Delphi or many similar buildings erected ...
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Participation Banking
Participation banking is a name given to Islamic banks mainly in Turkey, as well as in the broader MENA region. While participation banks reached only 2% of net assets in the year 2000, in 2010 the rate increased up to 4.3%. In the third quarter of 2013, the rate increased up to 6.1% with 90.7 billion TL in assets. Regarding the profit margins of the participation banks, Malaysia, Indonesia and Gulf countries have more than 50% of the market share, it is stated that Turkey has more potential in growth. Also, Turkey, Pakistan, Bangladesh, and Indonesia stand as the leading countries among the participation banks. Saudi Arabia, the UAE and Malaysia are the three largest participation banking markets, in terms of assets. Iran has 36% of the worldwide assets of the participation banks, Malaysia has 17%, Saudi Arabia has 14% and Turkey has 3.1% of the market share. According to Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partne ...
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Ziraat Bankası
Ziraat Bankası is a state-owned bank in Turkey founded in 1863. Offers commercial loan support to companies and tradesmen, as well as personal loans such as consumer loans, vehicle loans and housing loans. History During the first half of the 19th century, with the adoption of western models of trade and finance, foreign banks began their activities in the Ottoman Empire. At that period, there was not enough capital to found a national banking system and no one could mention the existence of national banks as a source of capital. This situation was more harmful to farmers because they made up the majority of the population, and since they did not have any institutional financial structure to which to apply, they had to borrow money from the usurers with high interest rates. Under these conditions, the governor of Niš province of the Ottoman Empire, Midhat Pasha (1822–1884) began to take the first steps to overcome these difficulties in 1863 and achieved the reorganization of M ...
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Fall Of Constantinople
The Fall of Constantinople, also known as the Conquest of Constantinople, was the capture of the capital of the Byzantine Empire by the Ottoman Empire. The city fell on 29 May 1453 as part of the culmination of a 53-day siege which had begun on 6 April. The city's collapse is usually agreed on as marking the end of the Middle Ages. The attacking Ottoman Army, which significantly outnumbered Constantinople's defenders, was commanded by the 21-year-old Sultan Mehmed II (later nicknamed "the Conqueror"), while the Byzantine army was led by Emperor Constantine XI Palaiologos. After conquering the city, Mehmed II made Constantinople the new Ottoman capital, replacing Adrianople. The conquest of Constantinople and the fall of the Byzantine Empire was a watershed of the Late Middle Ages, marking the effective end of the last remains of the Roman Empire, a state which began in roughly 27 BC and had lasted nearly 1500 years. Among many modern historians, the Fall of Constantinop ...
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President Of Turkey
The president of Turkey, officially the president of the Republic of Türkiye ( tr, Türkiye Cumhuriyeti Cumhurbaşkanı), is the head of state and head of government of Turkey. The president directs the executive branch of the government of Turkey, national government and is the commander-in-chief of the Turkish Armed Forces, Turkish military. The president also heads the National Security Council (Turkey), National Security Council. The office of the president of Turkey was established with the proclamation of the Republic of Turkey on 29 October 1923, with the first president and founder being Mustafa Kemal Atatürk. The president of Turkey is referred to as ("Republic leader"), and previously archaically as or , also meaning "head of the republic/people". Insulting the Turkish president is prohibited by Article 299 (Turkish Penal Code), Article 299 of the Turkish Penal Code, including founder Atatürk which has its own separate law. Traditionally, the presidency was most ...
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Recep Tayyip Erdoğan
Recep Tayyip Erdoğan (born 26 February 1954) is a Turkish politician serving as the List of presidents of Turkey, 12th and current president of Turkey since 2014. He previously served as prime minister of Turkey from 2003 to 2014 and as List of mayors of Istanbul, mayor of Istanbul from 1994 to 1998. He founded the Justice and Development Party (Turkey), Justice and Development Party (AKP) in 2001, leading it to election victories in 2002 Turkish general election, 2002, 2007 Turkish general election, 2007, and 2011 Turkish general election, 2011 general elections before being required to stand down upon his 2014 Turkish presidential election, election as president in 2014. He later returned to the AKP leadership in 2017 following the 2017 Turkish constitutional referendum, constitutional referendum that year. Coming from an Islamism, Islamist political background and self-describing as a Conservative democracy, conservative democrat, he has promoted Social conservatism, socia ...
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Ear (botany)
An ear is the grain-bearing tip part of the stem of a cereal plant, such as wheat or maize. It can also refer to "a prominent lobe in some leaves." The ear is a spike, consisting of a central stem on which tightly packed rows of flowers grow. These develop into fruits containing the edible seeds. In corn (maize), an ear is protected by leaves called husks. Inside an ear of corn is a corncob. In some species (including wheat), unripe ears contribute significantly to photosynthesis, in addition to the leaves lower down the plant. A parasite known as ''Anguina tritici'' (Ear Cockle) specifically affects the ears on wheat and rye by destroying the tissues and stems during growth. The parasite has been eradicated in most countries (with the exception of North Africa and West Asia) by using the crop rotation Crop rotation is the practice of growing a series of different types of crops in the same area across a sequence of growing seasons. It reduces reliance on one set of ...
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Turkish Language
Turkish ( , ), also referred to as Turkish of Turkey (''Türkiye Türkçesi''), is the most widely spoken of the Turkic languages, with around 80 to 90 million speakers. It is the national language of Turkey and Northern Cyprus. Significant smaller groups of Turkish speakers also exist in Iraq, Syria, Germany, Austria, Bulgaria, North Macedonia, Greece, the Caucasus, and other parts of Europe and Central Asia. Cyprus has requested the European Union to add Turkish as an official language, even though Turkey is not a member state. Turkish is the 13th most spoken language in the world. To the west, the influence of Ottoman Turkish—the variety of the Turkish language that was used as the administrative and literary language of the Ottoman Empire—spread as the Ottoman Empire expanded. In 1928, as one of Atatürk's Reforms in the early years of the Republic of Turkey, the Ottoman Turkish alphabet was replaced with a Latin alphabet. The distinctive characteristics of the Turk ...
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Banks Established In 2015
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots i ...
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