Faculty of Business and Management Sciences · International Trade and Finance · Undergraduate
Course Objective
This course aims to examine the fundamental principles of Islamic economics as established and shaped in detail from its inception to its development. It focuses on the economic regulations set during the time of the Prophet Muhammad ﷺ and the Rashidun Caliphs (RA), as well as the mindset formed through their applications, which remained influential until the mid-19th century. Furthermore, the course will analyze contemporary Islamic economic thought, assessing its position in relation to original sources and the historical experience of Muslims.
Course Content
This course examines the foundations of Islamic economics, focusing on the economic regulations established during the time of Prophet Muhammad ﷺ and the Rashidun Caliphs (RA), as well as the mindset shaped through their application until the 19th century. In this context, key principles and prohibitions regulating economic life during these periods—such as the land system, zakat, public finance, trade, markets, hisba, charitable spending (infaq), endowments (waqf), inheritance, and interest-free loans (qarḍ ḥasan)—are explored.
Required Resources
İslam İktisat Düşüncesi Tarihi Cengiz Kallek
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 14 | 3 | 42 |
| Out of Class Study Period | 10 | 1 | 10 |
| Midterm | 5 | 1 | 5 |
| Quiz | 5 | 2 | 10 |
| Assignment | 1 | 1 | 1 |
| Practice | 1 | 1 | 1 |
| Final | 3 | 3 | 9 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | 1. Hafta: İslam İktisat Düşüncesinin Kaynakları ve Temelleri Week 1: Sources and Foundations of Islamic Economic Thought | 1. Hafta: İslam İktisat Düşüncesinin Kaynakları ve Temelleri Week 1: Sources and Foundations of Islamic Economic Thought |
| 2 | 2. Hafta: Hz. Peygamber (ﷺ) ve Hulefâ-yi Râşidîn (RA) Döneminde İktisat Week 2: Economy During the Time of Prophet Muhammad (ﷺ) and the Rashidun Caliphs (RA) | 2. Hafta: Hz. Peygamber (ﷺ) ve Hulefâ-yi Râşidîn (RA) Döneminde İktisat Week 2: Economy During the Time of Prophet Muhammad (ﷺ) and the Rashidun Caliphs (RA) |
| 3 | 3. Hafta: Klasik Dönemde İslam İktisat Düşüncesi ve Temel Kavramlar Week 3: Islamic Economic Thought and Key Concepts in the Classical Period | 3. Hafta: Klasik Dönemde İslam İktisat Düşüncesi ve Temel Kavramlar Week 3: Islamic Economic Thought and Key Concepts in the Classical Period |
| 4 | 4. Hafta: İslam’da Mülkiyet, Kazanç ve Üretim Anlayışı Week 4: The Concept of Ownership, Earning, and Production in Islam | 4. Hafta: İslam’da Mülkiyet, Kazanç ve Üretim Anlayışı Week 4: The Concept of Ownership, Earning, and Production in Islam |
| 5 | 5. Hafta: İslam Ekonomisinde Tüketim, İsraf ve Kanaatkârlık Week 5: Consumption, Wastefulness (Israf), and Contentment in Islamic Economics | 5. Hafta: İslam Ekonomisinde Tüketim, İsraf ve Kanaatkârlık Week 5: Consumption, Wastefulness (Israf), and Contentment in Islamic Economics |
| 6 | 6. Hafta: Zekât, Sadaka ve Sosyal Adaletin Ekonomik Boyutu Week 6: Zakat, Charity (Sadaqah), and the Economic Aspect of Social Justice | 6. Hafta: Zekât, Sadaka ve Sosyal Adaletin Ekonomik Boyutu Week 6: Zakat, Charity (Sadaqah), and the Economic Aspect of Social Justice |
| 7 | 7. Hafta: Piyasa Etiği, Ticaret Ahlakı ve Hisbe Kurumu Week 7: Market Ethics, Business Morality, and the Institution of Hisba | 7. Hafta: Piyasa Etiği, Ticaret Ahlakı ve Hisbe Kurumu Week 7: Market Ethics, Business Morality, and the Institution of Hisba |
| 8 | 8. Hafta: İslam İktisat Düşüncesinde Para, Değer ve Kriz Yaklaşımları Week 8: Money, Value, and Crisis Approaches in Islamic Economic Thought | 8. Hafta: İslam İktisat Düşüncesinde Para, Değer ve Kriz Yaklaşımları Week 8: Money, Value, and Crisis Approaches in Islamic Economic Thought |
| 9 | 9. Hafta: 19. Yüzyıl ve Sonrasında İslam İktisat Düşüncesinde Değişim ve Kopuşlar Week 9: Transformations and Breaks in Islamic Economic Thought After the 19th Century | 9. Hafta: 19. Yüzyıl ve Sonrasında İslam İktisat Düşüncesinde Değişim ve Kopuşlar Week 9: Transformations and Breaks in Islamic Economic Thought After the 19th Century |
| 10 | 10. Hafta: Modern İslam İktisadı: Ortaya Çıkışı ve Güncel Tartışmalar Week 10: The Emergence of Modern Islamic Economics and Contemporary Debates | 10. Hafta: Modern İslam İktisadı: Ortaya Çıkışı ve Güncel Tartışmalar Week 10: The Emergence of Modern Islamic Economics and Contemporary Debates |
| 11 | Sunum - presentation | Sunum - presentation |
| 12 | Sunum - presentation | Sunum - presentation |
| 13 | Sunum - presentation | Sunum - presentation |
| 14 | Sunum - presentation | Sunum - presentation |
| 15 | Final | Final |


