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IEF 433 - Case Study in Islamic Economics

Faculty of Business and Management Sciences · International Trade and Finance (English) · Undergraduate

ECTS: 5 T+P+L: 3+0+0 University Elective
Coordinator: Arş. Gör. Fatma YILMAZ YEŞİLMEN

Course Objective

The main purpose of this course is to make a detailed analysis of fund management methods such as buying and selling, karz, ijarah, mudaraba, musharakah and riba in terms of fiqh and economy, and to make a general fiqh and technical analysis of fund collection and evaluation methods of banking, insurance and capital market institutions. Thus, providing undergraduate students with a general perspective on the subjects.
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Course Content

Within the scope of this course, first of all, Islam's view on the world in general and the economy in particular will be revealed. Afther the principles set forth by Islamic jurisprudence regarding the basic transactions of financial institutions will be determined.

In terms of concrete topics of the course, general principles will be presented by analyzing buying and selling, karz, ijarah, riba and other financial transactions from a fiqh perspective, and it will be tried to analyze to what extent these principles are effective in the fund management transactions of banking, insurance and other financial institutions.

Required Resources

(2021) İslamî Finansal Yönetim Örnek Olayları ve Örnek Çözümleri (Vaka Analizleri), Nobel Akademik Yayıncılık

Recommended Resources

Eğri, Taha. Kızılkaya, Necmettin. Karasu , Oğuz. "İslam İktisadını Yeniden Düşünmek", 2014

Course Learning Outcomes

  1. Learning to look at today's financial transactions from a fiqh and economic perspective.
  2. Learning what Islamic economics is.
  3. To gain the ability to analyze basic financial transactions and methods in terms of fiqh.

Core Area Distribution

(22) Humanities%30 (31) Social and Behavioural Science%10 (34) Business and Administration%60

Teaching Methods

ExpressionQuestion-AnswerDiscussionCase Study

Assessment & Evaluation

Testing (Essay / Tests: True-Falls, multiple-choice, short answer, matching)

ECTS / Workload

ActivityQuantityDuration (h)Total Workload
Course Duration (Including Exam Week)16348
Out of Class Study Period16580
Midterm111
Quiz000
Assignment000
Practice000
Final122

Course Schedule

WeekSubjectPreparation
1Islamic finance and basic rules of Islamic financerelevant chapter
2How should we proceed?Relevant chapter
3Establishing partnerships with foreignersRelevant chapter
4Case study-1
5Case study-2
6Case study-3
7Overview
8Midterm
9Case study-4
10Case study-5
11Case study-6
12Overview
13Case study-7
14Case study-8
15Overview
16Final exam