Exhibitors

İMECE AS AN INTEREST-FREE SAVINGS SYSTEM The Turkish word imece is defined in the Turkish dictionary by the Turkish Language Institution as a collective effort to help all involved individuals and/or communities take care of their needs one by one. İMECE, or collective effort, has always been a facilitator of tasks which one may not perform on its own. This mentality has been accepted not only in rural areas but also in cities as well. Today, İMECE is a very common method to find housing, transportation and other necessities. Its logic is similar to how our women organise gold days and one person is gifted gold at each gold day. İmece Tasarruf Finansman A.Ş. aims to help a wider audience have access to this method as a system of solidarity and savings. The system brings together solidarity groups consisting of real or legal entities based on the amount they are able to set aside regularly and helps a participant to pay for their house, land, vehicle, machinery, equipment, wedding, education, and/or other needs every month. The system saves its participants from high interest rates and costs, enabling them to fulfil their dreams using their own savings. Why Should You Trust İMECE? This business model is virtually risk-free compared to many fields of business as long as it is managed by competent and honest individuals. This is assured by the fact that the participants, whose turn is up, is required to provide a guarantee. The amount coming in from the participants every month is equal to the amount going out. The service fee collected from the participants both cover any and all costs and is registered as profits, which is necessary to develop the system. The profits reinforce and increase the efficiency of the system, enabling it to offer better deals to the participants. The companies, which operate in this model, have fulfilled their promise to the people despite the state of economic crisis in our country. At İMECE, we swear by the principle not to use the payments made by the participants into savings pools for other operations in order to avoid any undue risks. Maintaining an order and transparency in its system for persistent accountability, İmece Tasarruf Finansman A.Ş. publicly declares and undertakes to make itself available for audits to be performed by all relevant public authorities as well as independent external auditors, to inform all participants and investors via the proper channels, to be honest in all its dealings and transactions, and to focus on its commitment towards the participants at all times. The primary goal of İMECE s system is relieve people of the interest rates and other unjust burdens. İMECE offers a purchasing model that grows with the strength of solidarity and is just.Therefore, we care the most about staying true to our beliefs and values, and keeping our work clean of interest fees. We consult expert theologists for their instructions in this matter and run the system in line with the pro