2Q17Investor Presentation

Albaraka Türk Participation Bank04 August 2017

Agenda

1 Introduction

2 Financial Highlights

Appendix

4

3Market Comparison

Turkey Macroeconomic Developments

Turkey still serves many advantages for investors

4

Source: IMF, UN, TURKSTAT, Albaraka Turk Research&Strategy

1,18

1,66

1,1

1,3

1,5

1,7

19

80

19

83

19

86

19

89

19

92

19

95

19

98

20

01

20

04

20

07

20

10

20

13

20

16

Turkey's share within the world GDP (PPP, %)

20%

70%

120%

20

01

20

03

20

05

20

07

20

09

20

11

20

13

20

15

20

17F

20

19F

20

21F

General Government Debt Stock/GDP

Advanced economiesEmerging and developing economiesTurkey

27 32 37 42 47

TurkeyBrazilChina

USARussia

PolandUK

EuropeNetherlands

GreeceSwitzerland

GermanyJapan

Median Age

Following failed coup attempt on July 2016, Turkish economy has been

gaining momentum thanks to strong expansionary fiscal measures and

macroprudential easing incentives as well as strong fundamentals.

GDP growth rate estimates has been continuously revising upwards.

Despite heavy global and geopolitical issues, Turkey’s strong

macrofundemantals still serves great advantages for its investors

compared to its peer countries thanks to young population, well-

capitalized banking sector and existing cheap valuations.

The Government has focused to ease downside pressures on domestic

demand while trying to pick contribution of net external demand to

GDP growth rate up via implementing crucial structural reforms.

As a result, Turkey’s total debt to GDP ratio is likely to increase

moderately due to widening in budget deficit, although it still remains

significantly below than the peers. Moreover, as a ratio of both short-

term private sector’s external debt stock and public debt stock has

continuously fallen during 2015, contrary to advanced and emerging

countries’ averages.

Robust Growth and Attractive Valuations

5

Source: TURKSTAT, WTO, BIS, Albaraka Turk Research&Strategy

Turkish economy continues to record one of the strongest growth among

G20 countries, with 5.0% (YoY) growth in 1Q2017 thanks to strong domestic

demand, acceleration in public spending and double-digit increase in

exports. Moreover, early indicators for the rest of the year are pointing

further acceleration in the economy and to converge 5% throughout 2017.

As a result of the Transition Program to Sustainable Growth, which

implemented starting from the end of 2010, Turkey’s exports share within

the world reached its record level in 2017.

Under current circumstances, main challenge for Turkish economy is pulling

inflation to low-single digit levels again. However year-on-year inflation is

likely to fall from 11.9% in April to hover 9.5% in July, market expects a

volatile path around 10% during the rest of the year, due to high food prices

and still undervalued TL.

Looking ahead, considering sustainable current account deficit path,

significantly undervalued TL and recently emerging market friendly

environment, TL denominated assets are expected to diverge positively

from its peers.

2,5%

3,8% 4,0%

5,7%

4,5%5,3%

-1,3%

3,5%

5,0%

Q1 Q2 Q3 Q4

YoY GDP Growth Rates

2015 2016 2017

-17,0%-16,0%

-13,7%-13,3%

-10,3%-8,0%

-6,0%1,1%1,3%

4,9%6,7%8,0%9,0%

14,1%16,1%

-32% -21% -10% 1% 12% 23%

MexicoJapan

TurkeyUK

MalaysiaEuro area

South AfricaRussiaBrazil

IndonesiaUS

SwitzerlandIndiaUAE

ChinaREER (Deviation from 15 Year Av. as of June ‘17)

Undervalued

Overvalued

0,78%

0,82%

0,96%

0,75%

0,88%

1,00%

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

Turkey's Exports Share Within The World

Turkey Macroeconomic Developments

9,22%8,78%

7,46%6,57% 6,58%

7,64%

8,79%8,05%

7,28% 7,16% 7,00%

8,53%9,58%

10,53%11,29%

11,87%

11,72%10,90%

9,79%

Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.

Inflation

2016 2017

6

GDP Growth

GDP growth was 5.0% y-o-y in 1Q2017 and this is mainly due to a pick up in domestic

demand. Increases in export growth and construction investment also impacted

economic growth positively. Moving forward, MTP target for 2017 year-end GDP growth

is 4.4% y-o-y due to the strong expectation for the receding of uncertainty, resiliency in

public consumption and further strengthening in economic activity driven by a recovery

in tourism.

2,5%

3,8% 4,0%

5,7%

4,5%5,3%

-1,3%

3,5%

5,0%

Q1 Q2 Q3 Q4

GDP Growth

2015 2016 2017

Inflation

Annual inflation decreased from 11.87% to 9,79% after April to to July. The lagged

effects of the cumulative Turkish lira depreciation continued to weigh upon core goods

whereas annual core goods inflation declined. Inflation is expected to stay in the high

single digits with the Central Bank expecting a year-end inflation of 8.5%.

Source: CBRT, Turkstat

Turkish Lira

The Turkish lira appreciated 3.1% versus the USD in the second quarter and 3,0 %

depreciated against the EURO; Lira appreciation continued after first quarter mainly

due to further tightining monetary stance of the central bank, domestic political

developments after referandum in April and also USD depreciation. The euro, on the

other hand, found support for the declining uncertainties about the future of the EU.

USD/TRY has been lingering near 3.50 level and EURO/TRY is also at 4.00 level on June.

After second quarter LİRA depreciated by ~4% against Euro. 2,4

2,9

3,4

3,9

4,4

Jan-16 May-16 Sep-16 Jan-17 May-17

FX Rates

USD/TRY

EUR/TRY

Turkey Macroeconomic Developments

7

Central Bank Monetary Policy

The Central Bank maintains its tight monetary policy stance and continues to keep its

main policy rate window, the weekly repo shut. The O/N lending window and the

O/N borrowing have remained as is since 1Q2017. The Late liquidity window rate was

increased from 11.75% to 12.25% (+50bps) in April. The rate hike decision of the CB is

linked to the deteriorating Lira movement in addition to the worsening core inflation

outlook.

Rates (%) Q1’16 Q4’16 Q1’17 Q2’17

Overnight borrowing rate 7.25 7.25 7.25 7.25

One-week repo (policy) rate 7.5 8.00 8.00 8.00

Overnight lending rate 10.75 8.50 9.25 9.25

Late liquidity window rate 12.25 10.00 11.25 12.25

Foreign Trade and Current Account Balance

In June, exports increased by 2,3% and imports decreased by 1,5% compared to the

same month of the previous year, which resulted in the foreign trade deficit expanding

by 10.0% y-o-y to USD 30.9 bio in 1H17. Energy imports have been the main factor

behind the higher foreign trade deficit.

Current account deficit posted a rapid increase by 68.4% in May compared to the same

month of the previous year and was realized as 5.2 billion USD. This development was

led by the rise in non-monetary gold import. On the other hand, tourism revenues

limited the deterioration in the current accoun deficit in May as it was the case in April,

thanks to low base effect. According to 12-month cumulative figures, current account

deficit rose by 2.1 billion USD mom to 35.3 billion USD in May. Excluding net gold trade,

12-month cumulative deficit increased only by 71 million USD compared to April.

-12,1

-15,9

-14,0 -13,9-12,5

-18,4

-7,8-11,2

-5,4

-8,1

-7,9

-3,6

Q1'16 Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Foreign Trade Balance Current Account Balance

Balances (billion USD)

Budget Balance

In June, budget expenditures increased by 11% compared to the same month of the

previous year. On the other hand, budget revenues decreased by 0.3% yoy due to the

base effect stemming from the high level of privatization revenues in June last year.

Thus, central government budget deficit which was 7.9 billion TRY in June 2016 became

13.7 billion TRY in the same month of this year.

In the first half of the year, budget expenditures expanded by 18.5% compared to the

last year. In this period, the increase in budget revenues was recorded as 8.8%. Hence,

the budget, which posted 1.1 billion TRY surplus in the first six months of the year, gave

a deficit of 25.2 billion TRY in the same period of 2017

Budget Balance (billion TRY)

Source: CBRT, Turkstat, Ministry of Finance

0,01,1

-12,0

-29,3

-14,9

-25,2

Q1'16 Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

May

Turkey Banking Sector

vs Participation Banking Sector

Banking Sector vs Participation Banking Sector

In 1H 2017 the net profit of the banking sector rose 33%

compared to 1H 2016.

Year to Date, loan growth rate reached 10,4% while NPL

amount increased by 5,6%.

Loan growth is stronger than in previous years owing to

expansionary fiscal policies in place and macroprudential

policies supportive of the financial system (ex: Credit

Guarantee Fund). Commercial loan growth continued to grow

at a higher rate than consumer loans.

Net Profit increased by 33,2%

Banking Sector highlights

The sector continued to grow in asset and profitability

terms during 1H 2017. Participation banking rose 7,7%

Ytd. asset growth

Capital Adequacy figures continued to increase, from

16.17% to 17,41%

Remarkable net profit increase, 199 % yoy

Number of total branches increased to 990 at the end of

2017 1H

Participation Banking highlights

Key Financial Indicators(mn TRL)

1H’16 Q4’16 1H’17 Y-Y (%) Ytd. (%)

Total Assets 2.477.259 2.730.942 2.972.021 20,0% 8,8%

Loans 1.627.258 1.804.711 1.991.925 22,4% 10,4%

Deposits 1.394.060 1.547.551 1.673.448 20,0% 8,1%

Shareholder’s

Equity284.653 300.172 330.940 16,3% 10,3%

Total revenues 119.563 - 142.155 18,9% -

Net profits 19.033 - 25.355 33,2% #-

Key Financial Indicators(mn TRL)

1H’16 Q4’16 1H’17 Y-Y (%) Ytd. (%)

Total Assets 125.930 132.874 143.085 13,6% 7,7%

Loans* 86.003 88.483 95.232 10,7% 7,6%

Deposits 76.353 84.785 94.338 23,6% 11,3%

Shareholder’s

Equity11.684 11.494 12.307 5,3% 7,1%

Total revenues 6.039 - 6.094 0,9%

Net profits 257 - 769 199,2%

*Financial leasing receivables included.

9

Agenda

1 Introduction

2 Financial Highlights

Appendix

4

3Market Comparison

Albaraka Türk 1H – Key Financial Highlights

6Albaraka Turk – 1H Main Highlights (Balance Sheet)

TRL million1H’16 Q4’16 1H’17 Y-Y (%) Ytd. (%)

Total Assets 29.364 32.851 34.217 16,53% 4,16%

Total Funded Credits20.059 22.722 22.876 14,04% 0,68%

Deposits 19.767 23.151 23.771 20,26% 2,68%

Shareholder’s Equity 2.172 2.279 2.377 9,44% 4,30%

29.364 28.633

32.851 33.02134.217

20.059 20.33122.722 22.892 22.87619.766

20.10923.151 23.668

23.771

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Total Assets Total Funded Credits Total Collected Funds

Funded Credits;

67%

Securities Portfolio;

10%

Liquid Assets*;

21%

Other Assets; 2%

Asset Segmentation (Q2’17)

12

*Liquid Assets includes Cash and Balances with the Central Bank, Financial Assets at

Fair Value Through Profit and Loss(net) and Banks

6Albaraka Turk – Q2 Main Highlights (Income Statement)

TRL million Q2’16 Q1’17 Q2’17 Y-Y (%) Q-Q (%)

Profit Share Income 530 633 65523,5 3,5

Net Profit Share Income 237 318 32135,4 0,9

Total Operating Profits 315 378 41732,4 10,3

Net Operating Profits 76 46 116 52,6 152,2

Tax Provision 10 10 20 100 95,9

Provisions 71 138 96 116,7 -30,4

Net Profit 65 36 96 45,9 166,8

237

318 321

Q2'16 Q1'17 Q2'17

Net Profit Share Income

65

36

96

Q2'16 Q1'16 Q2'17

Net Profit

4,12

4,184,14

4,17

4,32

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Net Profit Share Margin*

35,4%

* Trailing for last four quarters

13

8.0857.1627.2235.7486.3776.270

23,63%21,69%21,99%

20,08%21,72%21,76%

Q2'17Q1'17Q4'16Q3'16Q2'16Q1'16

Q2'17Q1'17Q4'16Q3'16Q2'16Q1'16

Liquid Assets % of Total Assets

7Albaraka Turk - Asset Composition

Funded Credits; 67%

Securities Portfolio;

10%

Liquid Assets*; 21%

Other Assets; 2%

Composition of Total Assets (TRL mn) Liquid Assets (TRL mn)

14

*Liquid Assets includes Cash and Balances with the Central Bank and Banks

1.182 1.251 1.383 1.4281.649

763 580669 612

625

556

977

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Available for sale Held to Maturity Other

1.8311.945

Total Securities Portfolio (TRL mn) Securities Yield (%)

9,25

8,84

8,398,40

8,05

Q2'17Q1'17Q4'16Q3'16Q2'16

(*) Profit share income received from securities for the last 4Q/4Q average securities

2.052

2.597

3.251

1H'16 Net ProfitShare Inc.

Fees &Comm

TradingIncome

Others 1H'17

681

6Albaraka Turk - Operating Performance Breakdown

Income (million TRL)

530 633 655

-294 -314 -334

Profit Share Expense Profit Share Income

Net Profit Share Income (million TRL)

Key Movements in Net Operating Income

(million TRL)

Yield Movement (%)

9,90% 9,95%9,82% 9,73% 9,90%

4,12% 4,18% 4,14% 4,17%4,32%

5,42%5,52% 5,36% 5,20% 5,24%

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Credit Yield

Net Profit Share margin

Cost of Funding

84,98%89,33%

85,23%

15,02%10,67%

14,77%

Q2'16 Q1'17 Q2'17

Fees, commission and others Profit Share Income

769708624

Q2’16 Q1’16 Q2’17

236 319 321

15

795

-1-14

+4+126

Total Profit Share Income up 18%

Profit Share Expense increased 12%

Net Profit Share Income increased

24%

Net Trading Income declined 43%

Total Operating Profit increased 17%

Provisions increased 63% in 1H 2017

Net Profits increased 2% in 1H 2017

Highlights

9,9

9,73

9,82

9,959,90

Q2'17Q1'17Q4'16Q3'16Q2'16

*USD equivalent of total funded credits

Total Funded Credits (including financial leasing, million)

QoQ Growth: 0,0% in TRL terms YoY growth: 14,0% in TRL terms

20.059 20.331

22.722 22.892 22.876

7.088 6.795 6.474 6.306 6.514

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

TRL USD*

Credit Yields(1) (%)

(1) Profit share income received from credits for the last 4Q/4Q average credits

Albaraka Turk - Funded Credits Portfolio

Q2’16 Q3’16 Q4’16 Q1’17 Q2’17

Corporate Credits 41,7 41,9 41,9 41,6 40,8

SME Credits 43,2 43,5 43,9 43,6 44,6

Retail Credits 15,1 14,6 14,2 14,8 14,6

Total 100.0 100.0 100.0 100.0 100.0

TRL51,2%

USD*32,3%

EUR*16,5%

Composition of Total Funded Credits* (%) Currency Composition of Total Funded Credits* (Q’17)

*Including USD & EUR indexed credits*According to BRSA definition

16

52,349,4

52,3 51,954,6

40

45

50

55

60

65

70

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

4,53 4,755,61

6,02

Q3'16 Q4'16 Q1'17 Q2'17

707

941

1.106

13231424

369465

578687

778653

932

1.106

13231424

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

NPA Spesific Provisions Collateral

Non-performing Loans (TRL million)

92

122

147

172189

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Cost of Risk** (bps)

NPL Ratio*

** Spesific provisions for credits for last 4Q/ 4Q average credits

*Including financial leasing & accruals and rediscounts

Provisioning Ratio (%)

Albaraka Turk - Asset Quality

17

24% 21% 22% 20% 22%

16% 16% 18% 19% 19%

61% 63% 60% 61% 59%

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Fund Borrowed* Current Accounts Participation accounts

Composition of Total Liabilities (Q2’17, %) Composition of Funding Base (TRL million)

69

19

74

Funds Collected

Wholesale Funding

Shareholders' Equity

Others

25.394

17,7%

25.875 29.583 29.548

Albaraka Turk - Funding Profile

18

*Fund Borrowed includes Funds Borrowed , Borrowings from Money Market

and Subordinated Loans

30.448

5,24%5,21%5,26%

5,47%5,42%

8,00%7,90%8,10%

8,30%8,23%

1,76%1,69%1,61%

1,63%1,70%

0,95%

0,98%

1,08%

1,84%2,22%

Q2'17Q1'17Q4'16Q3'16Q2'16

Average TL FC Precious Metal

19.767 20.109

23.155 23.668 23.771

6.985 6.721 6.597 6.520 6.768

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

TRL USD*

Total Funds Collected (TRL million)

Cost of Funds Collected**

*USD equivalent of total collected funds

**Profit share expense to depositors for the last 4Q/4Q average participation accounts

52

30

143

TRL USD EUR Others

Currency Composition of Funds Collected (Q2’17, %)

Maturity Composition of Funds Collected (Q2’17, %)

24

2246

31 5 Current Acc.

Up to 1 month

Up to 3 months

Up to 6 months

Up to 1 year

>1year

20,3%

Albaraka Turk - Funding Profile (Collected Funds)

19

Off Balance Sheet Composition (%)

71 71 71 72 71

6 5 7 7 8

23 24 22 21 21

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

LG LC Others

LGs*-to-Total Assets

26,9% 27,1%

23,8%23,0%

20,8%

Q2'16 Q3'16 Q4'16 Q1'17 Q2'17

Off Balance Sheet (TRL million)

*Revocable credit limits not included.

Q2’16 Q3’16 Q4’16 Q1’17 Q2’17

Growth (%)

Y-Y YtD

Letter of Guarantee 7.899 7.746 7.810 7.593 7.129 -9,75 -8,72

Letter of Credit 611 583 753 714 803 31,42 -6,64

Others* 2.551 2.648 2.389 2.169 2.144 -15,95 -10,25

Total: 11.061 10.977 10.951 10.476 10.076 -8,91 -7,99

Albaraka Turk - Off balance sheet growth

20

*Below 20% of LGs to Total Risk is targeted

14

(000 TRL)

Year on Year Change Quarterly Change Notes

2016 1H 2017 1H % Q1’17 Q2’17 %

Net Profit

Share Income514.072 639.645 24,43 318.384 321.261 0,90

Profit share expense increased by 11,7% while PSI

raised by 17,7% YoY basis. Joint venture projects

returns reached to TL 125.590 in 1H’2017 (1H’

2016: TL 55.817)

Net Fee

Income70.295 73.917 5,15 37.798 36.119 -4,44 Higher Net Fee income in 2017 (YoY)

Net Trading

Income31.436 17.785 -43,42 -7.147 24.932 n.m. Higher Capital Market Transaction Income.

Other Income 65.011 63.807 -1,85 29.434 34.373 16,78 Reversal of prior year provisions inline with 2016

Provisioning 144.180 234.513 62,65 138.029 96.484 -30,1 Higher provisions in 2017

Other Costs 375.458 394.434 5,05 194.220 204.274 5,18 Slower rate of increase in 2017

Tax 32.626 30.850 -5,44 10.427 20.423 95,87 -

Net Profits 128.550 131.297 2,14 35.793 95.504 166,82 -

Income- Cost Dynamics

21

Agenda

1 Introduction

2 Financial Highlights

Appendix

4

3Market Comparison

Percent 2016 1H 2017 1H

Albaraka

Türk

Participation

Banks*

Banking

Sector*

Albaraka

Türk

Participation

Banks*

Banking

Sector*

Asset Size -0,7 4,7 5,1 4,2 7,7 8,7

Total Credits** 2,8 3,9 5,6 0,7 7,6 10,4

Deposits/Collected

Funds***-2,9 0,9 5,2 2,7 11,3 8,1

* According to BRSA data

** Including Leasing Receivables, Interest (Profit Share) and Income Accruals and Rediscounts from Loans, Loans Extended to Banks

*** Including Deposit (Participation Funds) Interest (Profit Share) Rediscounts and Deposit (Participation Funds) Collected from Banks

21,0%

12,6%

26,4%

15,1%

18,2%15,8%

24,4%

17,8%

39,7%

33,9%

28,3%

11,1%

2011 2012 2013 2014 2015 2016

Asset Size GrowthBanking Sector

Albaraka Türk

Albaraka Turk - Total Growth 2017 Q1

23

Percent 2016 1H 2017 1H

Albaraka

Türk/

Participation

Banks

Albaraka

Türk/ Banking

Sector

Participation

Banks/ Banking

Sector

Albaraka

Türk/

Participation

Banks

Albaraka

Türk/ Banking

Sector

Participation

Banks/ Banking

Sector

Asset Size 23,3 1,2 5,1 23,9 1,2 4,8

Total Credits* 23,5 1,2 5,3 24,0 1,1 4,8

Deposits/Collected Funds** 26,0 1,4 5,5 25,2 1,4 5,6

* Including Leasing Receivables, Interest (Profit Share) and Income Accruals and Rediscounts from Loans, Loans Extended to Banks

** Including Deposit (Participation Funds) Interest (Profit Share) Rediscounts and Deposit (Participation Funds) Collected from Banks

Albaraka Türk; 23,9%

Participation Banking;

4,8%

Banking Sector Participation Banking Sector

Albaraka Turk - Market Share 2017 1H

24

Percent 2016 1H 2017- 1H

Albaraka Türk Participation

BanksBanking Sector Albaraka Türk

Participation

Banks

Banking

Sector

CAR 12,21 15,37 15,87 16,93 17,41 16,87

NPL Ratio 3,46 6,77 3,30 6,02 3,92 3,08

Provisioning Ratio 52,25 64,71 76,17 54,63 65,07 77,97

Loan/Deposits 101,48 112,36 116,73 96,24 100,95 119,03

ROAA (IBT) 1,23 0,18 1,65 0,82 1,47 2,02

ROAE (NI) 13,93 2,25 11,92 9,63 13,90 14,30

Asset Yield 8,86 8,85 8,15 9,07 8,08 7,27

Asset Spread 4,51 4,57 3,25 4,67 4,13 3,07

Net Profit Share Margin 4,12 4,64 3,85 4,32 4,23 3,59

Net Fee Income / Avg. Assets 1,13 0,91 0,91 1,02 0,86 0,90

Op Costs / Avg. Assets 2,39 2,66 2,23 2,13 2,25 2,04

Cost/Income* 55,15 43,44 41,12 50,11 42,91 38,06

Credits / Branches (000‘TRL) 94.173 92,647 136,161 107.401 96,194 170,177

Staff / Branches 17,98 15,25 17,85 17,92 14,76 17,97

CA / Deposits 20,69 26,68 19,90 24,34 28,72 21,15*Cost: Operating Costs, Income: NII/NPSI, Net Fees and Commissions Income, Other Income

Financial Ratios - Sector Comparison

25

Agenda

1 Introduction

2 Financial Highlights

Appendix

4

3Market Comparison

(Thousand TRL) Dec’16 Jun‘17 Growth (%)

Cash and Banks 7.157.229 7.106.428 -0,71%

Financial Assets 1.448.786 2.627.861 81,38%

Funds Utilized 22.722.054 22.876.370 0,68%

Cash Credits 21.843.075 21.464.724 -1,73%

NPL 1.105.954 1.424.898 28,84%

Provisions 578.505 778.431 34,56%

Net Financial Leasing Receivables 878.979 765.179 -12,95%

Investments Held to Maturity (Net) 668.582 625.372 -6,46%

Associates 30.119 30.119 0,00%

Fixed Assets 517.131 563.857 9,04%

Assets Held For Sale and Investment 92.317 34.991 -62,10%

Other Assets (inc. Tax Assets) 214.520 351.583 63,89%

Total Assets 32.850.738 34.216.581 4,16%

Funds Collected 23.151.164 23.770.802 2,68%

Funds Borrowed 4.424.195 5.060.171 14,37%

Debts (inc. Tax) 1.247.030 1.260.381 1.07%

Provisions 233.849 235.562 0,73%

Tier II Sukuk 1.510.937 1.511.792 0,06%

Shareholders’ Equity 2.279.593 2.376.890 4,27%

Capital 900.000 900.000

Capital Reserves (inc. Premium) 211.876 208.597

Profit Reserves 946.757 1.128.077

Profits 221.560 60.331

Prior Periods 3,951 3.951

Current Year 217,609 131.297

Total Liabilities 32.850.738 34.216.581 4,16%

Albaraka Turk- Summary Balance Sheet

27

(Thousand TRL) Jun’16 Jun’17 Growth

Profit Share Income 1.094.209 1.287.781 17,69%

Profit Share Expense 580.137 648.136 11,72%

Net Profit Share Income 514.072 639.645 24,43

Net Fees and Commissions Income 70.295 73.917 5,15%

Fees and Commissions Received 99.917 107.507 7,60%

Fees and Commissions Paid 29.622 33.590 13,40%

Net Trading Income 31.436 17.787 -43,42%

Other Operating Income 65.011 63.383 -2,50%

Total Operating Profit 680.814 795.614 16,86%

Provisions for Loan Losses 144.180 234.986 62,98%

Other Operating Expenses 375.458 398.481 6,13%

Net Operating Profit 161.176 162.147 0,60%

Tax Provision 32.626 30.850 5,44%

Net Profits 128.550 131.297 2,14%

Albaraka Turk – Summary Income Statement

28

THANK YOU

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This presentation does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase any securities of Albaraka Türk Katılım Bankası A.Ş.,

nor shall any part of it form part of or be relied on in connection with any contract or investment decision relating thereto, nor does it constitute a recommendation regarding the securities

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information in this presentation is subject to verification, completion and change.

The projections, forecasts and estimates of the Bank contained herein are for illustrative purposes only and are based on management’s current views and assumptions. Such projections,

forecasts and estimates involve known and unknown risks and uncertainties that may cause actual results, performance or events to differ materially from those anticipated in this

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realised.

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