What services does ISFA provide?

ISFA has been a leading consultancy firm in the field of participation finance for over 10 years. Our services offer customized solutions for institutions in the financial services sector, both locally and internationally. The main services we provide are as follows:

 

  • Participation-Based Product Development: We design and develop financial products in compliance with Islamic finance principles and current applicable laws.

  • Establishing Advisory Committees.

  • Sukuk Issuances (Lease Certificates): We provide end-to-end consultancy services for sukuk issuances under the Lease Certificate Communique (III-61.1) published in the Official Gazette on June 7, 2013.

  • Investment Funds: We support the establishment and transformation of investment funds in line with participation finance principles.

  • Life, Pension & Insurance: We offer participation-based insurance and pension solutions, developing solutions that comply with relevant regulations.

  • Investment Banking: We provide consultancy services for investment and development banks in relation to their activities in compliance with participation finance principles.

  • Mergers & Acquisitions (M&A): We offer strategic consultancy in mergers and acquisitions processes in line with participation finance principles.

  • Fund Purification: We provide services for identifying, calculating, and properly liquidating suspicious income in participation-based investment funds.

  • Training: We organize training programs for financial professionals and institutions on participation finance.

  • Fikh Consultancy on Participation Economy and Finance.
How does the consultancy process work and how long does it take?

ISFA offers customized consultancy processes tailored to the specific requirements of each client. Our processes typically include the following steps: 

 

  • Needs Analysis: 
    The current situation and goals of the client are thoroughly evaluated. At this stage, a comprehensive review is conducted to ensure that financial transactions and products comply with participation finance principles and standards. 
  • Compliance Assessment with Participation Finance Principles and Standards & Solution Proposal: 
    After the compliance assessment with participation finance principles and standards, strategies and solutions tailored to the identified needs are provided. These solutions aim to achieve financial objectives while ensuring full compliance with participation finance principles. 
  • Implementation: 
    Approved solutions are implemented, and the process is monitored. During the implementation phase, continuous audit and monitoring mechanisms are put in place to maintain compliance with participation finance principles and standards. 
  • Evaluation and Reporting: 
    The results are analyzed and reported. These reports include whether compliance with participation finance principles and standards has been achieved, the reasons for any non-compliance, and corrective actions to be taken. 

The project duration varies depending on the scope of the work and specific requirements; however, it is always transparently communicated, and progress is made with regular feedback. 

 

What is the cost of your consultancy services?

The cost of our consultancy services is determined based on the scope and complexity of the project. A customized price quote will be provided for each project. You can contact us to receive a detailed proposal.

How can I apply to benefit from your services?

To benefit from our services, you can fill out the contact form on our website or apply directly via email. After your application, our expert team will contact you to assess your needs and provide a tailored solution proposal.

Do you organize training or seminars on participation finance?

Yes, we regularly organize training programs and seminars for professionals and institutions in the financial sector. The training topics include important subjects such as the fundamentals of Islamic finance, sukuk issuances, and participation-based products. Our training sessions include both theoretical knowledge and practical applications.

In which sectors and projects have you provided consultancy services before?

ISFA provides consultancy services in various sectors, including public and private banks, insurance and pension companies, portfolio management companies, and development and investment banks. Additionally, we offer consultancy services for investment and development financing provided by international Islamic finance institutions, such as the Islamic Development Bank (IDB), to Turkey.

How are your consultancy services aligned with legal regulations and participation finance principles?

ISFA provides all its services in full compliance with local and international legal regulations and participation finance principles. As an accredited organization by the Participation Banks Association of Turkey (TKBB) and other regulatory bodies, we rigorously apply the necessary audits and controls to ensure the compliance of our projects and solutions with participation finance principles and standards.