Vakıf Katılım has Signed a Protocol with MUSIAD

A cooperation protocol was signed between Vakıf Katılım and MUSIAD. Within the scope of this protocol, it will be ensured that the members of the association can benefit from the advantageous products and services of Vakıf Katılım and can reach the financing they need much more easily. In addition, member businesses will be able to benefit from advantageous rates of Vakıf Katılım when they use its Guaranteed Fund Transfer (GFT) application, which is a new generation digital payment method minimizing the cash need.

Vakıf Katılım, which gives the world of participation finance a new lease of life, signed a cooperation protocol with MUSIAD. The signing ceremony of this protocol, which was organized in order to ensure that the members of the association can easily access the financing they need, was conducted at MUSIAD’s Headquarters with the participation of Mr. Mahmut Asmalı, Chairman of MUSIAD, Members of Board of Directors of MUSIAD, Mr. Öztürk Oran, Chairman of Board of Directors of Vakıf Katılım and Mr. Osman Çelik, General Manager of Vakıf Katılım.

The cash need of MUSIAD members is being minimized thanks to GFT

Within the scope of the protocol, MUSIAD members will be able to benefit from the advantageous rates of Vakıf Katılım when they use its Guaranteed Fund Transfer (GFT) application, which is a new generation digital payment method making commercial activities more efficient and minimizing their cash need.

Member businesses will also be offered many advantages in letters of guarantee, discounted safe deposit box, free EFT-transfer via digital channels, advantageous member workplace (POS) rates, competitive premiums in insurance policies and foreign trade transactions.

Making evaluations related to the signed protocol, Mr. Öztürk Oran, Chairman of the Board of Directors of Vakıf Katılım, said the following words about the contributions of MUSIAD to the country’s economy:

“MUSIAD, which has made significant contributions to the sustainability of the country’s economy with the works it has performed so far, also puts its signature under valuable activities in order for our state to become a global power. I believe that MUSIAD, which continues to take strong steps with its contribution to employment, innovative approaches it offers to the business world, its stance that protects the public interest, the reports it prepares on critical issues and its solid organizational structure, will continue to play an active role in the development of our country in the coming period”.

In the continuation of his statements, Mr. Oran also referred to the importance of foundation culture and continued his statements with the following words: “As Vakıf Katılım, which gives the participation finance sector a new lease of life by combining the sharing culture of foundations with the power of the public, we assume ourselves as the trustee of the assets and values dedicated by our ancient nation and our ancestors. We are doing the best we can to transfer these assets and values entrusted to us to future generations. By using some of our earnings in social responsibility projects, we support to ensure the social balance.

After the successful year we left behind, we have decided to pay 10% of the profit we obtained in 2021 as dividend to the Fused Foundations, which are administrated and represented by our main partner Directorate General of Foundations, to be used in the reconstruction of the Vakıf Gureba Hospital. As long as the successful performance of our institution continues, I would like to emphasize especially that we will transfer much more resources to revive our Foundations.”

Mr. Osman Çelik: “We will stand by all MUSIAD’s member businesses whenever they need our support”

Making a statement on the subject, Mr. Osman Çelik, General Manager of Vakıf Katılım, said, “We continue to work with great responsibility so that our country can achieve a sustainable economic growth and come to a better point in terms of income distribution and regional development level. We come to realize the collaborations through our chambers of industry and commerce and development agencies, and we support our SMEs and businesses with a business partner approach so that their investments and production are not interrupted. In this context, we are happy to cooperate with MUSIAD, with which we share common feelings for the future of our country.

Thanks to the similar cooperation activities, we will continue to produce innovative solutions that contribute to the development of our country and to facilitate for SMEs to access to finance with purpose of increasing the competitiveness of all SMEs operating in the fields of Manufacturing, Employment, Export and Innovation, which we call as 4i, by supporting the national economy in many areas such as financial leasing and green energy.”

Stating that development can purely and simply be possible with unity and solidarity as well as the spirit of solidarity and sharing, Mr. Çelik said, “With our advanced financial infrastructure, human resources which are expert in their field, rich products and services, we will be there for all MUSIAD’s member businesses, which endeavour and sweat for Turkey, whenever they need our support. Best wishes and good luck to everyone in our cooperation.”

Stating that Vakıf Katılım brought in something new in the banking sector through GFT, the new generation digital payment method, Mr. Çelik, General Manager of Vakıf Katılım, added that GFT also eliminated the problem of debt collection and facilitated trade in the market, expressing that GFT was a means of accessing finance for SMEs that have difficulty in creating collateral.

Mahmut Asmalı: ‘’We shape our activities with the ideal of strong and producing Turkey’

Making evaluations in the program and emphasizing the contributions of MUSIAD to the introduction of participation banking, Mahmut Asmalı, the Chariman of MUSIAD, said, “The cooperation protocol signed between Vakıf Katılım and MUSIAD will make great contributions to SMEs and MUSIAD’s member businesses. The support of the investment and production is based on the course of right steps at the right time. The cooperation protocol that we signed today will positively affect our investment, employment and production-oriented operations that we presented at the beginning of the year in line with the objectives of 2023. We shape our activities with the ideal of strong and producing Turkey. Best wishes for this cooperation”.