Faculty of Business and Management Sciences · International Trade and Finance · Undergraduate
ECTS: 5 T+P+L: 3+0+0 University Elective
Coordinator: Dr. Öğr. Üyesi Hüseyin İÇEN
Course Objective
The primary purpose of this course is to provide a reference point representing state-of-the-art thinking, theories and practices on all of the major topics in Takaful comparing with conventional insurance, and discussing issues and challenges of the industry.
Course Content
This subject discusses the reasons why conventional insurance is frowned upon, the need for and evolution of Takaful, the Shariah basis and features of Takaful, various models of Takaful, the status, opportunities and the challenges facing the Takaful industry.
Required Resources
TEKAFÜL - SAKARYA ÜNİ
Recommended Resources
TEKAFÜL - SAKARYA ÜNİ
Course Learning Outcomes
- Analyze the main differences between Islamic economics and conventional economics. Explain the functioning and instruments of the interest-free financial system.
Core Area Distribution
(31) Social and Behavioural Science%50 (34) Business and Administration%50
Teaching Methods
ExpressionQuestion-AnswerDiscussionPresentation
Assessment & Evaluation
HomeworkTesting (Essay / Tests: True-Falls, multiple-choice, short answer, matching)
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 4 | 64 |
| Midterm | 0 | 0 | 0 |
| Quiz | 0 | 0 | 0 |
| Assignment | 3 | 3 | 9 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 4 | 4 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Introduction | Relevant Chapter |
| 2 | How is the structure of IBs in practice? | Relevant Chapter |
| 3 | In what kind of environment and regulational atmophere IBs are working? | Relevant Chapter |
| 4 | How do IBs colelct their funds? | Relevant Chapter |
| 5 | Continuation | Relevant Chapter |
| 6 | How do IBs distribute their funds? | Relevant Chapter |
| 7 | Continuation | Relevant Chapter |
| 8 | Ara Sınav | Ara Sınav |
| 9 | Relationship between Islamic nad conventional banks | Relevant Chapter |
| 10 | Continuation | Relevant Chapter |
| 11 | Treasury departments of IBs | Relevant Chapter |
| 12 | Relationship between IBs and CB | Relevant Chapter |
| 13 | Relationship among IBs and between TKBB | Relevant Chapter |
| 14 | Relationship between IBs and international institutions | Relevant Chapter |
| 15 | Continuation | Relevant Chapter |
| 16 | Final Sınavı | Final |