Kuwait Türk, established with the participation of main shareholders, Kuwait Finance House (%62), the General Directorate of Foundations of the Republic of Turkey (%18), the Kuwaiti State Social Security Institution (%9) and the Islamic Development Bank (%9), started its banking and finance activities under the trade name “Kuveyt Türk Evkaf Finans Kurumu Anonim Sirketi” on March 31, 1989 in Istanbul, Turkey. Kuwait Turk is continuing its operations under the purview of the Banking Regulation and Supervision Agency (BRSA) with a full banking license and the Banking Law No. 5411, dated November 1, 2005. Effective from April 8, 2006, the Bank's commercial title was changed from Kuveyt Türk Evkaf Finans Kurumu A.Ş. to Kuveyt Türk Katılım Bankası A.Ş. to comply with the Banking Law No. 5411, dated November 1, 2005.

The major activity of the bank is to allocate the resources it obtains through both domestic and foreign “special current accounts” and “participation profit and loss accounts”, in addition to its equity capital, to the development of the economy, and to carry out all types of financial production activities and service offerings within the legislative framework. The bank conducts all its financial activities within the scope of the principles of “interest-free banking”. Additionally, Kuwait Turk actually participates in the joint initiative associations established by the bank itself with the aim of encouraging investment initiatives on the part of its customers who carry out agricultural, industrial and commercial activities and of developing their business and operating activities.

The bank, which provides its services through a total number of 158 domestic and foreign branch offices operating in the corporate and retail fields and through its branch in Bahrain, financial services branch in Germany, representative in Kazakhstan and subsidiary in Dubai offering services abroad, has 2,938 employees as of April 28, 2011.

Kuwait Turkish Participation Bank Dubai Ltd., Regulated by the DFSA, is established on November 15,2009 with the first Category 5 License in DIFC and USD 12 million capital and %100 owned by Kuwait Turkish Participation Bank Inc. Turkey.