Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

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

Tipranks - Wed Jan 28, 1:04PM CST

Claim 50% Off TipRanks Premium

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.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.