Paksoy advises conventional and Islamic financial institutions and investors as well as corporate borrowers on all aspects of Islamic finance. We have been at the forefront of Islamic product development in Turkey working with all major market makers including the sovereign, Turkish Islamic banks, regional banks and global players. With the increasing demand, we expanded our Islamic Finance practice and have an in-depth understanding of Islamic Finance products in the Turkish market.
Paksoy holds a dominant position as Islamic finance counsel because of its role in pioneering debt offerings of Turkish banks, particularly in Islamic finance transactions, including sukuk issuances that include ijara, non-real estate ijara, and murabaha components.
“ Market leader in Islamic Finance. ”
Chambers and Partners
Featured publications
6 November 2018
The Islamic Finance and Markets Law Review – 3rd Edition – Turkey 2018
Turkey chapter of the 3rd edition of The Islamic Finance and Markets Law Review; written by Sera Somay and Gözde Kayacık, published by Law…
Related contents
14 November 2023
Paksoy advises Ziraat Katılım Bankası on its USD 500 million sukuk issuance
We are proud to have acted as legal advisor to Ziraat Katılım Bankası on its issue of USD 500 million sukuk (Islamic bond certificate)…
15 August 2023
Paksoy advises Erciyas Çelik Boru on its debut sukuk issuance
We are proud to have acted as legal advisor to Erciyas Çelik Boru Sanayi A.Ş on its inaugural issue of ₺300 million ($11.12 million) sukuk…
6 November 2018
The Islamic Finance and Markets Law Review – 3rd Edition – Turkey 2018
Turkey chapter of the 3rd edition of The Islamic Finance and Markets Law Review; written by Sera Somay and Gözde Kayacık, published by Law…
20 February 2018
Paksoy advised QNB Finansleasing on its wakala sukuk issuance
Paksoy advised QNB Finansleasing, a financial leasing company and a subsidiary of QNB Finansbank in Turkey, on its wakala sukuk issuance…
20 February 2018
Paksoy advised Albaraka Türk Katılım Bankası on its Additional Tier 1 mudaraba sukuk
Albaraka Türk Katılım Bankası issued USD 205 million Additional Tier 1 mudaraba sukuk certificates in February, 2018.