The 23-year-old joins the Premier League side on a temporary loan basis until 30 June 2021.
As part of the agreement, Leicester also have the option to make the transfer permanent ahead of the 2021-22 season.
Cengiz, a Turkey international, joined the club in the summer of 2017. He has gone on to make 88 appearances for the club, scoring 17 goals.
His most recent appearance for the club saw him come off the bench during Roma’s 3-1 win over Juventus in August, the last Serie A game of the 2019-20 season.
The club would like to wish Cengiz the best of luck with his new adventure in the Premier League.
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