Vakıf Katılım Keeps the Leading Position in Gold and Silver Transaction Volume in 2020

Vakıf Katılım became the financial institution with the highest gold and silver transaction volume in the Precious Metals and Diamond Markets of Istanbul Stock Exchange in 2020.

Having brought together the sharing culture of foundations with public power and brought a breath of fresh air to participation finance world, Vakıf Katılım had the highest gold and silver transaction volume in the Precious Metals and Diamond Markets of Istanbul Stock Exchange in 2020 just like the year 2019.

Having carried out transaction volume of approximately 160 tons of gold and 400 tons of silver in 2020 and increased its transaction volumes by 2,5 times in gold and by 1,6 times in silver in comparison with the year 2019, Vakıf Katılım maintained its title as “Market Maker” and its undisputed leadership in the Precious Metals and Diamond Markets of Istanbul Stock Exchange.

İkram Göktaş, the General Manager of Vakıf Katılım” made a statement and said that “We have successfully completed the year thanks to our activities. We continued to take firm steps in line with our projection of becoming Turkey’s National Gold Institution. These efforts enabled us to become the financial institution with the highest gold and silver transaction volume in 2020 just we did in 2019”.

“It is estimated that Turkey has approximately USD 330 billion of gold under the mattress”

Having pointed out that Vakıf Katılım achieved the title of “Financial Institution to Export the Highest Volume of Gold” with 6 tons of gold bullion between January and November 2020 according to the report published by Jewellery Exporters’ Association, Mr. Göktaş said that “It is estimated that Turkey has approximately USD 330 billion of gold under the mattress. It equals to 5 thousand tons of gold under the mattress. It is of vital importance to manage such financial resources which are in idle position and which have no contribution to the national economy in the correct way for the wealth of individuals and our national economy. As Vakıf Katılım, we carry out our activities in gold field with a high sense of responsibility. Our goal is to increase our gold and silver transaction volume to higher levels until the end of the year.”