Participation Finance Screening
Rating is defined as measuring a financial institution’s, company’s, or country’s ability to meet its financial obligations, including credit and default risk, based on predetermined criteria. Because participation finance institutions are essentially financial institutions, they are subject to rating in terms of financial health and sustainability, just like their traditional counterparts. The Participation Index also serves as an important anchor for companies listed on the BIST (Istanbul Stock Exchange).
On the other hand, we also consider compliance with the tenets of participation finance in terms of their operations and finances to be very important for companies not listed on the BIST. Our “Participation finance screening mechanism,” developed for your business, facilitates your integration with the halal value chain, which holds trillions of dollars in potential worldwide, while also creating a crucial anchor that reduces information asymmetry for domestic and international funds seeking investments compliant with Islamic principles.
