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IEF 415 - Participation Banking in Turkey

Faculty of Business and Management Sciences · Islamic Economics and Finance (English) · Undergraduate

ECTS: 5 T+P+L: 3+0+0 Departmental Elective
Coordinator: Dr. Öğr. Üyesi Esra BALCI

Course Objective

The aims of this course are; To introduce the place where participation banking has come from from the past to the present, to draw a vision about its future, to give information about the place of participation banking in our country, to teach the basic principles of interest-free finance, to examine the issues that distinguish participation banks from conventional banking, to introduce fund collection and fund-raising methods of participation banks, and to introduce interest-free methods on a global basis.

Course Content

Within the scope of the course; history, problems and current situation of participation banking in the world and in Turkey, Turkish banking system and its functioning, interest-free finance and participation banking in Turkey, fund collection and fund utilization methods of participation banks, interest-free banking in Turkey and in the world in figures, introduction of TKBB and participation banks, sukuk, tawarruq and alternative fund collection methods in participation banks.

Course Learning Outcomes

  1. İslami Finans Temellerini Anlama: Öğrenciler, İslami finansın temel prensiplerini, faizsiz finans sistemini ve şer’î uygunluk kriterlerini açıklayabilir. Uluslararası İslami Finans Kuruluşlarını Tanıma: İslami Kalkınma Bankası (IDB), AAOIFI, IFSB, I

Core Area Distribution

(34) Business and Administration%100

Teaching Methods

ExpressionQuestion-AnswerDiscussionSelf study

Assessment & Evaluation

Homework

ECTS / Workload

ActivityQuantityDuration (h)Total Workload
Course Duration (Including Exam Week)16348
Out of Class Study Period16464
Midterm144
Quiz000
Assignment236
Practice000
Final144

Course Schedule

WeekSubjectPreparation
1Introduction
2An example from Ottoman times
3DESİYAB as an early example
4The reasons paving the way for the establishment of participation banks in Turkey
5Development rpocess of participation banks until today
6Continuation
7Continuation
8Ara SınavAra Sınav
9Data of current participation banking
10Continuation
11Current structure of participation banks
12Continuation
13Problems of current participation banking
14Continuation
15Discussion
16Final SınavıFinal Sınavı