The duo have been pictured undergoing medicals a the Turksih side in recent days.
Malouda, 33, and defender Bosingwa, 30, will join the club as free agents.
Malouda was released by the Blues at the end of last season, while QPR announced on Sunday that Bosingwa had left the club by mutual consent.
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Chelsea have struggled to build momentum in the opening stages of the campaign and are currently looking over their shoulders at the relegation zone.
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