Lease certificates are structured in line with interest-free finance principles; there are ownership-based, management-agreement-based and partnership-based types. They are an alternative source of finance for companies.
Related terms
Debt instrumentBonds, bills and similar capital market instruments through which the issuer undertakes to pay investors principal and interest at a set maturity.Green financeInstruments such as green bonds, green loans and sustainability-linked loans used to finance projects with environmental benefits.Bonus issueIssuing shares to shareholders by adding a company's internal resources (reserves, retained earnings, capital adjustment differences) to its capital.Borsa IstanbulThe exchange in Turkey on which shares, debt instruments, derivatives and precious metals are traded.Capital Markets Board (CMB)The independent administrative authority responsible for regulating and supervising capital markets in Turkey.Capital Markets Law No. 6362The principal law governing the operation of capital markets in Turkey, the obligations of issuers and the powers of the CMB.
Last updated: October 22, 2026 · This definition is for general information only.