Participation Pension

What Participation Pension does

Katılım Emeklilik ve Hayat A.Ş., operating under the brand Katılım Emeklilik, is a Turkish Sharia-compliant (participation/faizsiz) pension and insurance company jointly owned by Albaraka Türk Katılım Bankası and Kuveyt Türk Katılım Bankası, founded in 2013 and headquartered in Ümraniye, İstanbul. The company operates as a regulated pension and life/health/accident insurance provider under SEDDK supervision, offering individual pensions (BES), automatic enrollment pensions (OKS) for employers, and complementary insurance products (health, life, personal accident). Its core proposition rests on 20 interest-free investment funds covering gold, silver, equities, government securities (kira certificates), technology, sustainability, and dividend strategies — a category not offered by conventional Turkish competitors.

Name

Participation Pension

Legal name

Katılım Emeklilik ve Hayat A.Ş.

Website

https://katilimemeklilik.com.tr

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Pension and Life Insurance

NAICS

Direct Life, Health, and Medical Insurance Carriers (52411), Pension Funds (52511), Health and Welfare Funds (525120), Direct Life Insurance Carriers (524113)

SIC

Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Participating (Dividend) Whole Life Insurance (FSAIABAI)

akta.pro secondary industries

Small Group Health Insurance (2–50/100) (FSAIAFAD), Employee Benefit & Retirement Plan Trust Services (FSAAANAC), Group Universal Life (GUL) (FSAIADAC)

Keywords

• Participation pension plans
• Sharia-compliant insurance
• Individual retirement savings
• Auto-enrollment pensions
• Interest-free investment funds

Headquarters

HQ city

Umraniye

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Pension Fund Management Fees: Revenue is generated through management fees charged on individual pension system (BES) and auto-enrollment (OKS) fund assets. The company manages 75.27 billion TL in pension fund assets (February 2026) across 20 interest-free fund categories. Fees are typically charged as a percentage of assets under management (AUM).
2. Insurance Premiums: Revenue from health insurance, life insurance, and personal accident insurance products. The company reported 471,522 active insurance contracts as of early 2026. Premiums are collected through regular payment plans.
3. Government State Contribution Administration: The company acts as an intermediary for the Turkish government's 30% state contribution to BES contributions, adding to the pool of managed assets. This government-backed contribution mechanism drives BES enrollment growth.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Katılım Emeklilik is a Turkish private pension and life insurance company that offers Sharia-compliant (interest-free/faizsiz) financial products. Its core offering includes the Individual Pension System (Bireysel Emeklilik/BES) with 20 interest-free fund options, Auto-Enrollment (Otomatik Katılım/OKS) for employers, and a range of insurance products covering health, life, and personal accident. The company manages 75.27 billion TL in pension fund assets across more than 1.5 million BES contracts and 471,522 active insurance contracts as of early 2026.

Product overview

Katılım Emeklilik operates as a participation finance-based pension and insurance company offering a unified product portfolio centered on Sharia-compliant savings and protection solutions. The core offering consists of Bireysel Emeklilik (Personal Pension) and Otomatik Katılım (Automatic Participation) for retirement savings, supplemented by a range of insurance products including Sağlık Sigortaları (Health), Hayat Sigortaları (Life), and Ferdi Kaza Sigortaları (Personal Accident). All pension contributions are invested through Emeklilik Fonları (Pension Funds) managed under participation finance principles, with 20 interest-free fund options covering equities, gold, silver, government securities (kira certificates), and sustainable investments. The company provides digital access through Katılım Cep and Katılım Sağlık Cep mobile applications, an İnternet Şube for personal customers, and a Kurumsal Şube for corporate clients. The product architecture combines core pension and insurance offerings with digital self-service platforms and fund selection tools like Fon Asistanı.

Differentiator

Problem solved

Functional benefit

Brands

• Katılım Cep: Mobile application for pension transactions
• Katılım Sağlık

Products and services

• Bireysel Emeklilik (Individual Pension / BES) A voluntary individual pension system (BES) that enables long-term retirement savings through regular contributions invested in interest-free (participation/faizsiz) funds. Available to individual consumers seeking Sharia-compliant retirement planning with up to 30% government state contribution on contributions.
• Otomatik Katılım (Auto-Enrollment / OKS) Automatic enrollment pension system designed for employers to automatically enroll their employees into a pension scheme with default contribution rates, fulfilling mandatory OKS (Otomatik Katılım) compliance requirements. Provides tax-deductible employer contributions and Sharia-compliant investment options.
• Sağlık Sigortaları (Health Insurance) Sharia-compliant health insurance products offering comprehensive coverage with access to a wide network of contracted healthcare providers, including full participation health insurance (Tam Katılım Sağlık Sigortası) variant. Targeted at individuals and families seeking interest-free health protection.
• Hayat Sigortaları (Life Insurance) Life insurance products providing financial protection for beneficiaries in the event of the policyholder's death, offering various coverage amounts and premium options on a Sharia-compliant basis.
• Ferdi Kaza Sigortaları (Personal Accident Insurance) Personal accident insurance providing coverage for accidents with daily compensation and benefits for accidental death or disability, available on a Sharia-compliant basis to individual consumers.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Direct peers

• Yapı Kredi Emeklilik: Pension and life insurance affiliate of Yapı Kredi bank in Turkey, distributing BES and OKS products through its parent bank's large branch network — direct competitor in individual pensions.
• Garanti Emeklilik ve Hayat: Pension and life insurance arm of Garanti BBVA, a leading Turkish bank; competes with Katılım Emeklilik on BES and OKS distribution via its extensive bank branch network, primarily with conventional products.
• Avivasa Emeklilik ve Hayat: Major Turkish life and pension insurer jointly owned by Sabancı Holding and Ageas, competing directly with Katılım Emeklilik in BES, group life and individual pension products across both corporate and individual segments.
• Bereket Emeklilik ve Hayat A.Ş. Turkish participation (Islamic) pension and life insurance company — the closest direct competitor to Katılım Emeklilik, offering Sharia-compliant BES, OKS and takaful-style insurance products to the same customer segment.
• Anadolu Hayat Emeklilik: One of Turkey's largest dedicated individual pension and life insurance companies, competing head-to-head with Katılım Emeklilik in BES contracts and fund AUM, though with a conventional rather than Islamic finance product set.

Broad incumbents

• Türkiye Sigorta: State-owned Turkish insurance giant offering life, health and P&C coverage; competes with Katılım Emeklilik in health and personal accident insurance products with much greater scale and product breadth.
• BNP Paribas Cardif Emeklilik: Pension and insurance affiliate of BNP Paribas Cardif in Turkey; competes in BES and life insurance with conventional products, leveraging a global insurer's capital strength and product engineering.
• HDI Sigorta (Aksigorta): Turkish insurer offering health, personal accident and life coverage that overlap with Katılım Emeklilik's insurance portfolio; broad incumbent competing on agency distribution and product breadth rather than Sharia-compliance.
• Allianz Yaşam ve Emeklilik: Turkish subsidiary of global insurer Allianz, offering life and pension products that overlap with Katılım Emeklilik's offerings; competes on brand, scale and bancassurance distribution rather than Islamic-finance specialization.

Emerging players

• FWD Insurance Turkey: Asia-rooted digital-first insurer operating in Turkey with life and health products; comparable to Katılım Emeklilik in using digital channels (apps and portals) for distribution in the Turkish individual insurance market.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/katilimemek
• YouTubeyoutube.com/user/KatilimEmeklilik
• Facebookfacebook.com/KatilimEmeklilik
• Instagraminstagram.com/katilimemeklilik
• LinkedInlinkedin.com/company/katilimemeklilik

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Participation Pension