Diversification of Islamic Financial Instruments
110
Table 46: Assets/Liabilities of Participatory Banks (2015)
Assets Liabilities
Murabahah 90 Capital 15
Ijarah (Leasing) 5 PLSA 70
Istisna 2 Special Current Accounts 15
Salam 1
Musharakah (P/L sharing) 1
Mudarabah (P/L sharing) 1
Total 100 Total 100
Source: Undersecretariat of Treasury (2016)
The number of branches increased from 110 in 200 to 829 in 2012 and to 1080 in 2015. The
share of participation banks in total banking assets doubled during this period from under 2%
to over 5% in 2015 (See Tables Balance Sheets of PBs and Branches of PBs).
Table 47: Share of Participation Banks in the Overall Banking Sector of Turkey
Source: BRSA, Gun (2016)
Table 48: Balance Sheet of Participatory Banks (TRY)
Balance Sheet Items of Participatory Banks Change Over 2010-2015
2010 2014 2015 Amount %
Loans 19,966.76 27,579.67 24,824.46 4,858 24.3
Total Assets 28,073.42 44,910.95 41,416.85 13,343 47.5
Deposits 21,435.96 28,077.63 25,566.58 4,131 19.3
Equity 3,533.47 4,165.45 3,666.18 133 3.8
Source: Undersecretariat of Treasury (2016)
Table 49: Branches of Participatory Banks
2010 2014 2015 2010-2015 2014-2015
Branch 607 990 1,080 473 90
Domestic 605 986 1,076 471 90
Abroad 2 4 4 2 0
Off-shore 1 1 2 1 1
Personnel 12,677 16,280 16,554 3,877 274
Source: Undersecretariat of Treasury (2016)
2012 2013 2014 2015
Funds Collected 6.1 6.5 6.2 5.9
Funds Allocated 6.0 6.1 5.4 5.2
Asset Size 5.1 5.5 5.2 5.1
Equity Size 4.1 4.6 4.1 4.1
Net Profit 3.9 4.3 2.5 1.6