ALBARAKA PORTFOLIO MANAGEMENT COMPANY LAUNCHES THE FIRST “TÜRKİYE-FOCUSED” SUKUK FUND IN BAHRAIN

04/11/2025

As a subsidiary of Albaraka Türk Participation Bank, Türkiye’s first and pioneering participation bank, Albaraka Portfolio Management Company is breaking new ground while contributing significantly to Türkiye’s long-term vision of becoming a global hub for islamic finance.

Developed in partnership with SICO BSC (c), one of Bahrain’s leading asset managers, the fund will invest primarily in sukuk and capital market instruments issued in Türkiye. To ensure portfolio diversification, it will also invest in sharia complaint assets from other markets and instruments denominated in Turkish Lira, and US Dollars

Through this initiative, Türkiye’s islamic finance products are not only being introduced to global investors but also presented as a strong representation of the country’s economic potential on international platforms.

Muhammed Emin Özer, General Manager of Albaraka Portfolio Management Company, commented on the launch: “With the Türkiye-focused Sukuk fund we have established in Bahrain, we are contributing to the deepening of our country’s capital markets while offering international investors direct access to Türkiye’s islamic financial assets. We believe this step will showcase Türkiye’s potential in islamic finance on a global scale and position our country as a regional center of attraction. We also have great confidence in SICO’s proven expertise in capital markets , which will add strong value to the fund’s performance. As Albaraka Portfolio Management Company, we will continue to develop the islamic finance ecosystem with innovative products and increase the inflow of international capital into our country.”

Ali Marshad, SICO’s Group Deputy CEO , commented on the launch: “The launch of this Türkiye-focused Sukuk fund, developed in partnership with Albaraka, marks a pivotal step in achieving our cross borders strategic objectives. This initiative not only strengthens our international reach—effectively positioning Bahrain as a gateway for key international investments beyond the region—but also reinforces our long-term strategic commitment. Our objective is clear: to deliver robust financial solutions that diversify client portfolios, attract investments from beyond the MENA region, and expand our presence in high-growth markets, with a particular emphasis on Turkiye in this instance.”

With its expert team and high-quality portfolio management approach, Albaraka Portfolio Management Company continues to strengthen its operations.The establishment of this fund in Bahrain stands out not only as a financial innovation but also as a symbolic milestone that represents Türkiye’s islamic finance vision on the global stage.

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