The banking sector, which finances the economy, is divided into three categories as deposit banks, development and investment banks and participation banks in Turkey. While deposit banks and development and investment banks carry out their duty of financing the economy through interest, participation banks perform this task through profit-loss partnership. Referred to by the titles of interest-free banking or Islamic banking institutions in the world and called as participation banking in Turkey, previously these institutions were known as private financial institutions before the name has taken the title of participation banks. Participation banking title is used only in Turkey but the practices carried out within the framework of participation banking are carried out according to the orders of Islamic religion and hence interest-free or Islamic banking conditions. In this study, the performances of participation banks in Turkey for the period of 2010-2017 were analized by using multi-criteria decision making techniques using Entropy and WASPAS methods and sorted according to their performance. According to these results, it has been determined that the best performance for the years of 2010, 2011, 2012, 2013, 2014 and 2015 was Turkiye Finans Participation Bank Inc., while it was KuveytTurk Participation Bank Inc. for the years of 2016 and 2017.