BirGün reported that following the Capital Markets Board (SPK)'s decision to disclose investors holding large shares in investment funds, the Turkey Religious Affairs Foundation's stake in a participation money market fund was 2.12 billion lira; the report referenced the Supreme Council of Religious Affairs' 2022 zakat fatwa.
The size of the share in the Aktif Portföy Para Piyasası Katılım Fonu was seen in the SPK list. The fatwa of the High Board of Religious Affairs stating that it is not permissible to earn income on zakat assets was brought to the agenda. It was claimed that the foundation informed district muftis about the participation-based investment fund.
