A New Interest-Free and State-Guaranteed Financing System from a Public Bank in Turkey An important step has been taken in the world of real estate and finance. For the first time in Turkey, a public bank is implementing an interest-free and state-guaranteed savings financing system. New Interest-Free and State-Guaranteed Financing System from a Public Bank in Turkey An important step has been taken in the world of real estate and finance. For the first time in Turkey, a public bank is implementing an interest-free and state-guaranteed savings financing system. This innovative model, initiated by Emlak Participation Bank, offers citizens the opportunity to own a house, car or workplace with installments such as paying rent. How Does The System Work? Participants are included in the system by determining the amount of financing and monthly installments for the house, vehicle or workplace they want to buy. Then he can choose one of two different modelsParticipants are included in the system by determining the amount of financing and monthly installments for the house, vehicle or workplace they want to buy. Then he can choose one of two different models: Draw Model: Some participants can receive financing support early through a draw held in the presence of a notary each month. Customer-Based Model: The participant can create a savings plan according to the delivery date they determine. In both models, the remaining financing after a certain accumulation is achieved is covered by Real Estate Participation. The only condition for being included in the system is the participation fee received under the name of “organization fee”. Why Is It ImportantIn both models, the remaining financing after a certain accumulation is achieved is covered by Real Estate Participation. The only condition for being included in the system is the participation fee received under the name of “organization fee”. Why Is It Important? This system represents a new opportunity, especially for investors looking for an alternative in the face of high interest rates and citizens who are considering home ownership. At the same time, the fact that it is implemented with state guarantee strengthens the element of trust. As CEESS Global, we see that such innovations in the sector open new doors for investors and we follow the developments closely.