The effects of participation banking in Turkey's economy; Between 2015-2018

Today, participation banking is an organization that carries out banking activities without interest in Islamic rules. Islamic finance is described as a system that carries out various financial studies within the framework of Islamic religious concepts. It is an understanding accepted as an option as a illicit in the religion of Islam. The main purpose of participation banking is to contribute to the development of the country by bringing out the unused money of the individuals who keep their money in the house against the interest in the money market. Participation Banks are banks that work in the monetary sector by supporting the real economy through money or credit. Which operates in Turkey, there are 5 pieces of bank participation, including public and private capital. Two of these banks are public capital and 3 are private capital banks. In this study, examined the effects of participation banking in Turkey's economy in the years 2015-2018. It is seen that development banking will continue to improve when the contributions of the banking sector to the economy have been considered. Steady growth will be achieved by increasing the number of personnel and branching. As a result; participation banking is proportionally in a faster growth trend compared to traditional banks, its inception has spread quickly since and shares in the financial system shows day quickly rising in Turkey and other countries in the world.