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Turkcell Unit Cleared to Issue Up to TRY 3 Billion in Sukuk

Story Highlights
  • Turkcell’s board approved up to TRY 3 billion sukuk issuance by its payments subsidiary.
  • The short-term domestic sukuk, subject to regulator approval, targets private and qualified investors to support funding diversification.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Turkcell Unit Cleared to Issue Up to TRY 3 Billion in Sukuk

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Turkcell Iletisim ( (TKC) ) just unveiled an update.

On January 27, 2026, Turkcell’s board authorized its wholly owned subsidiary Turkcell Ödeme ve Elektronik Para Hizmetleri A.Ş. to issue management agreement-based lease certificates (sukuk) of up to TRY 3 billion, with maturities of up to 12 months, in the Turkish domestic market. The sukuk will be arranged via a Türkiye-based asset leasing company and placed in one or more tranches through private placements and/or sales to qualified investors, without a public offering, subject to approval by the Capital Markets Board, underscoring Turkcell’s continued use of Islamic finance tools to diversify funding and support its expanding electronic payment and financial services activities.

The most recent analyst rating on (TKC) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Turkcell Iletisim stock, see the TKC Stock Forecast page.

Spark’s Take on TKC Stock

According to Spark, TipRanks’ AI Analyst, TKC is a Outperform.

Turkcell’s strong financial performance and positive earnings call results are the most significant factors driving the score. The company’s strategic achievements in 5G and digital services expansion are promising. However, technical indicators suggest caution, and competitive pressures pose challenges. The valuation is reasonable, with an attractive dividend yield.

To see Spark’s full report on TKC stock, click here.

More about Turkcell Iletisim

Turkcell İletişim Hizmetleri A.Ş. is a Türkiye-based telecommunications group that, through its subsidiaries, provides mobile and digital communication services as well as adjacent financial and payment solutions in the domestic market. The group increasingly leverages capital markets instruments to support the growth of its telecom and electronic payment operations.

Average Trading Volume: 1,145,011

Technical Sentiment Signal: Strong Buy

Current Market Cap: $5.78B

For detailed information about TKC stock, go to TipRanks’ Stock Analysis page.

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