Money Trusts are one of the most criticized and most important financial institutions in Ottoman financial system. Those money trusts are having similarities with todays’ participation banks at certain points in terms of lending money. Beside that, money trusts contributed to regional development not only financially but also social solidarity and collaboration as well. The money trusts which are very similar with todays’ participation banks in terms of way of working actually were at position of local bank at Ottoman era. In this study, financial principles, working systems and structure of money lendings of both money trusts and participation banks will be evaluated based on the banking law no 5411 and working principles of participation banks union. At the end similarities, differences, discussions and interpretations will be explained from the aspect of todays’ financial system.
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