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Asya Varlik Kiralama

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Organization name
Asya Varlik Kiralama AS
Country name
Turkey
Country of registration
Turkey
Industry
Leasing and Rental
Public debt
-
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Profile

Asya Varlik Kiralama A.S. is a special purpose asset leasing company (Varlik Kiralama Sirketi) established in Turkey as a subsidiary of Bank Asya (Asya Katilim Bankasi) for the issuance of lease certificates (sukuk) within the framework of Islamic finance. The company operated under the Ijara principle: it acquired assets from the founding bank and leased them back, receiving rental payments that were then distributed to certificate holders.

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