The relationship between banking and capital markets can be likened to the two wings of a bird: each must function in harmony for the bird to fly. If one wing is underdeveloped, the flight becomes unstable. For many economies—especially in the Islamic world—the banking wing is relatively strong, while the capital markets wing remains weak. This imbalance constrains growth, innovation and wealth creation. 

In the world of Islamic finance, Sukuk has long been the dominant instrument of choice. It is structured, asset-backed and resonates well with the preference for capital preservation. BAYRAM VELI SALUR finds out if this dominance limiting the potential of Islamic investments. While Sukuk may help preserve wealth, it is equities that create it. As the global financial landscape evolves, the time has come to reconsider the allocation bias within Islamic portfolios.

Islamic asset management in Türkiye: A rapidly expanding sector

Participation Mutual Funds Portfolio Size Leader Award to Kuveyt Türk Portföy

KT Portföy is the sector leader in participation-based mutual funds with a 53% market share!