KUVEYTTURK

WikiFX | 2025-07-04 17:01

Abstract：Kuveyt Türk Participation Bank is a Sharia-compliant bank based in Turkey that offers a wide range of Islamic banking services. It offers participation accounts, savings accounts for gold and other precious metals, investment and financing products for people and businesses.

Kuveyt Türk Review Summary
Founded	1998
Registered Country/Region	Turkey
Regulation	No regulation
Services	Personal banking, business banking, gold banking, Islamic financing
Platform/APP	Kuveyt Türk Internet and Mobile Banking
Customer Support	WhatsApp: 444 0 123
Customer Support	Phone: +90 212 354 11 11

Kuveyt Türk Information

Kuveyt Türk Participation Bank is a Sharia-compliant bank based in Turkey that offers a wide range of Islamic banking services. It offers participation accounts, savings accounts for gold and other precious metals, investment and financing products for people and businesses.

Pros and Cons

Pros	Cons
Long operational history	No regulation
Multiple financing and account types	Unclear fee structure

Is Kuveyt Türk Legit?

No. Kuveyt Türk is an unregulated entity. Traders should be aware of this risk.

Services

Kuveyt Türk offers services in personal banking, business banking, gold banking, and Islamic financing.

Account Type

Account Type	Features
Current Account	Basic deposit/withdrawal account with no profit share
Participation Account	Sharia-compliant profit-sharing savings account
Gold Account	Indefinite term account denominated in grams of gold
Other Precious Metal Account	Account to save various other precious metals
Investment Account	Account for managing and growing savings through investment tools

Platform/APP

Platform/APP	Supported	Available Devices
Kuveyt Türk Mobile App	✔	iOS, Android
Kuveyt Türk Internet Branch	✔	Web, PC

Payment Methods

Users can send money and make payments through bank transfers, SWIFT (Code: KTEFTRIS, BIC: 205), mobile banking, ATMs, or in-branch services. Transaction limits are 15,000 Turkish Liras per day and 75,000 Turkish Liras per month (or the same amount in USD/EUR) unless an extra limit is given.