# Kuveyt Türk

> Source: https://docs.barcoder.ai/docs/wallets/kuveyt-turk
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Kuveyt Türk — official](https://www.kuveytturk.com.tr/)

## Overview

**Kuveyt Türk** is **Turkish participation Islamic bank** + **Kuwait Finance House KFH Kuwaiti parent ~62.24% controlling** + **one of Turkey's largest participation Islamic banks** + **Kuveyt Türk Bank AG Germany operations** <sup>[1][1], [Türkiye report](https://docs.barcoder.ai/docs/payments/TR)</sup>.

## History

**1989 — Kuveyt Türk Katılım Bankası founded as Kuwait Finance House Türkiye subsidiary** distinctive Turkish participation Islamic banking heritage.

**2013 — Kuveyt Türk mobile banking app launch**.

**2015 — Kuveyt Türk Bank AG Germany launch as European Islamic banking subsidiary**.

## Ownership & operator

**Operating entity**: **Kuveyt Türk Katılım Bankası A.Ş.** (Turkish participation Islamic bank; KFH parent ~62.24% controlling).

**Major shareholders**: **Kuwait Finance House KFH (Boursa Kuwait: KFIN; Kuwaiti Islamic bank) ~62.24% controlling + Vakıflar Genel Müdürlüğü Turkish General Directorate of Foundations ~18.72% + Islamic Development Bank IDB Group + Turkish retail + institutional + foreign investors**.

**Regulators**: **BDDK + CBRT + BaFin (Kuveyt Türk Bank AG Germany)**.

## Technical integration

Kuveyt Türk mobile app (iOS + Android) + kuveytturk.com.tr online + Kuveyt Türk branch network across Turkey + Kuveyt Türk Bank AG Germany branch network + Kuveyt Türk Visa + Mastercard cards; FAST TR + TR IBAN + TROY QR + Islamic-compliant participation banking (no interest; profit-sharing + Murabaha + Sukuk).

## Implementations & partners

**KFH parent**: [Kuwait Finance House (KFH) / KFHOnline](https://docs.barcoder.ai/docs/wallets/kfh) (Kuwait Finance House Kuwait; Boursa Kuwait: KFIN; Kuwaiti Islamic bank).

**Major Turkish participation Islamic + commercial banking + payments competitors**: [Albaraka Türk](https://docs.barcoder.ai/docs/wallets/albaraka-turk) (Albaraka Türk; Al Baraka Banking Group Bahrain parent; Turkish participation Islamic bank) + Ziraat Katılım (Ziraat Katılım; Ziraat Bankası state-owned Turkish participation Islamic bank subsidiary) + Vakıf Katılım (Vakıf Katılım; VakıfBank state-owned Turkish participation Islamic bank subsidiary) + Türkiye Finans (Türkiye Finans Katılım Bankası; NCB Saudi Arabia parent + Boydak Holding minority; Turkish participation Islamic bank) + [Akbank](https://docs.barcoder.ai/docs/wallets/akbank) (Akbank; BIST: AKBNK; Sabancı Holding ~48.45%+ controlling) + [Garanti BBVA Turkey](https://docs.barcoder.ai/docs/wallets/garanti-bbva) (Garanti BBVA Turkey; BIST: GARAN; BBVA Spain ~85.97% controlling) + [İşbank (İşCep)](https://docs.barcoder.ai/docs/wallets/isbank-tr) (İşbank Türkiye İş Bankası).

**Regulators**: BDDK + CBRT + BaFin.

## Status

**Active, Turkish participation Islamic bank + Kuwait Finance House KFH Kuwaiti parent ~62.24% controlling + one of Turkey's largest participation Islamic banks + Kuveyt Türk Bank AG Germany operations** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.kuveytturk.com.tr/ "Kuveyt Türk — official"
[2]: https://en.wikipedia.org/wiki/Kuveyt_T%C3%BCrk "Kuveyt Türk — Wikipedia"
[tr-cro]: https://docs.barcoder.ai/docs/payments/TR

- [1] [Kuveyt Türk — official][1]
- [2] [Kuveyt Türk — Wikipedia][2]
- <sup>[Türkiye report](https://docs.barcoder.ai/docs/payments/TR)</sup> In-corpus: `reports/countries/TR-turkey.md`

## Source

Biography extracted from [kuveyt-turk.md](https://docs.barcoder.ai/source/wallets/kuveyt-turk). See `matrix.md` for standards-support matrix if present.