Turkey's leading Islamic participation bank, Bank Asya, has announced that it will provide a monthly stipend to 1,000 students as part of its corporate social responsibility.
The project, called “I'm schooling a child,” was promoted at a press conference at the bank's headquarters in İstanbul on Tuesday. Students from primary to university level will be paid a monthly stipend of between TL 100 and TL 250 in the first year of the campaign, and the bank hopes that the project will continue into the future.
The Kimse Yok Mu (Is Anybody There) charitable organization will assist Bank Asya in the administration of financial aid to students in need. The bank is supported in its efforts by financial contributions from nearly 5,000 of its employees, and the project will also be open to outside contributions. “We expect the number of students we will support to increase with contributions from outside [the bank],” Bank Asya General Manager Abdullah Çelik said.