With our team of experts in Islamic finance, we offer ethical and sustainable solutions.
About Us
Founded in 2014, ISFA is an independent firm specialized in participation finance, law, Shariah governance, and financial consultancy. It provides consultancy in areas such as financial product development, sukuk issuances, mergers & acquisitions, fund purification, and Shariah governance by offering solutions in accordance with participation finance principles in fields such as capital markets, investment banking, insurance, pension, and fund management. Our expert team supports organizations in establishing structures compliant with participation finance principles and standards, while contributing to the development of sustainable and innovative business models in the sector.

Our Mission
To support the sustainable growth of the participation finance ecosystem by providing innovative and effective consultancy services within an ethical and Shariah-compliant framework. To be a trusted and preferred business partner in the industry by offering strategic solutions that add value to our solution partners.

Our Vision
To contribute to the global growth of the participation finance ecosystem by offering innovative and sustainable financial solutions, and to become a globally trusted point of reference in the field of Shariah governance.

Our Methodology
The scope of services is defined through needs analysis, and the solutions provided are shaped to be fully compliant with participation finance principles. Ethical compliance and industry regulations are our key criteria. Continuous communication and strategic guidance are ensured for effective consultancy.

Customer Focus
We consider understanding our customers' needs in-depth and providing tailored solutions as our core priority.

Ethical Approach
We establish professional relationships by adopting the principles of honesty and transparency in all our business processes.

Reliability
By delivering every service we commit to in full, we strengthen the trust our customers have in us.
We are working to give back the trust you have in us!
We consider your trust as our most valuable capital and work to provide you with the best service through transparent, ethical, and sustainable financial solutions.
80+
900+
$10B+
MILESTONE
We kicked off our operations by providing end-to-end advisory throughout the establishment of Ziraat Participation Bank.
We advised on the first lease certificate (sukuk) issuances in the private sector.
We became the first firm to advise on participation-based Venture Capital and Real Estate Investment Funds.
We advised on the establishment processes of participation-based Exchange Traded Funds.
We began providing advisory committee establishment services to investment banks.
We expanded our advisory committee establishment services to life and pension (individual pension, private education funding) companies.
We became the Turkey Advisory Committee of the Islamic Development Bank.
We advised on the largest Lease Certificate issuance of the year with Halkbank, structured on an ownership-based (icare) model.
We provided advisory for the public offering process of the Real Estate Certificate product under the Damlakent project.
We are providing end-to-end participation finance advisory — including structuring and product development — for the establishment of Halk Participation Bank.

