ISLAMIC ECONOMICS AND FINANCE (ENGLISH) - THESIS | Istanbul Sabahattin Zaim University

About the Program

About the Program

Islamic economics and finance, with its theoretical and practical aspects, reveals how economic activities can be carried out within the framework of Shari'ah principles. In this respect, unlike the current economic system, which causes problems such as excessive financialization, unrequited value production and unequal distribution of wealth and produces crises; Islamic economics envisages a stable economic structure based on real economy, in which wealth is shared fairly, away from excessive uncertainty and risk.

In this direction, the main purpose of the Islamic Economics and Finance Master’s Program is to contribute to the development of the theory and practice of Islamic economics and the establishment of an Islamic economic and financial system by emphasizing the legal and moral aspects of Islam. Another aim of the program is to contribute to the professional experience of those who are still working in participation banks and the field of interest-free banking.

In this context, the program includes courses on Islamic economics, basic Fiqh knowledge on economic and financial issues, interest-free banking, comparative characteristics of traditional and participation banks, scientific research methods.

Islamic Economics and Finance Master's Program consists of 7 courses, a graduate seminar and a thesis (120 ECTS in total). The normal duration of completing this program is 4 semesters, and the maximum duration is 6 semesters. Students who cannot complete the course period within 4 semesters are dismissed. An additional course fee is required for each semester in addition to the normal duration of the program (an additional course fee for the 2021-22 academic year is determined as 2000 TL, regardless of the scholarship rate). In order to complete the course stage and move on to the thesis stage, students must have successfully passed all the courses in the curriculum, including the prerequisite courses, and have a Cumulative Grade Point Average (CGPA) of at least 2.50. Students who complete the course phase are entitled to proceed to the thesis phase.

Prerequisite Courses

Since Islamic economics and finance is a multidisciplinary field where Islamic sciences, economics and finance intersect, there are two prerequisite courses in the program. In that regard, for those who have not bachelor of science or master’s degree from Shari’ah, Islamic sciences, and Islamic economics and finance programs, they should register to at least one of the following courses: “IEC 509 – Methodology of Islamic Law” and IEC 536 – Islamic Commercial Law. Moreover, for those who have not bachelor of science or master’s degree from Islamic economics and finance, economics, business administration, finance and banking programs, they should register to “IEC 547 – Economic and Financial Theory” course.

In addition, the students who have graduated from other fields which are not above-mentioned, they should register to both two courses (IEC 547 and IEC 509/IEC 536). Each of these courses have 7.5 ECTS and will be accepted as one of the elective courses that the students are required to take.

Graduation

Students enrolled in Islamic Economics and Finance Masters' program, who passed all the courses with at least 2.50 CGPA must fulfill at least one of the following conditions before the thesis defense in order to graduate:

One paper presented at national or international conferences,
An article published in a peer-reviewed/indexed journal, accepted for publication, or received a DOI number,
One paper presented at Social Sciences Symposiums organized by IZU.

https://www.izu.edu.tr/en/academics/institute/graduate-education-institute/contact

Program Objectives & Goals

Objectives

To adopt the principles and rules of Islamic commercial law in general and Shari'ah contracts in particular and to apply them correctly to the relevant processes in business / academic life.
To learn the basics of Islamic economics and finance, its historical development and its current applications and to transfer them to their business / academic life.
To teach basic professional knowledge to candidates who work or want to work in participation banks or interest-free financing, participation insurance etc., to develop their professional experience in the fields of loans, risk management, fund management and marketing management, and to gain skills in customer relationship management.
To equip the graduates who are aware of the current problems and have sufficient knowledge and initiative to solve these problems in the fields of participation banks, interest-free finance, and participation insurance.

Program Learning Outcomes

KNOWLEDGE

To have a sufficient knowledge about the fundamental concepts and methodology of Islamic law.
Having academic knowledge about Islamic morality and ethics
Having enough knowledge about Islamic commercial law
Having enough knowledge and skills about economics and finance
To provide the students with the fundamental knowledge and skills related to Islamic finance
To endow the students with the background regarding the theory of Islamic economics, economies of Muslim-majority countries and their relations with each other, history of Islamic economic thought and Islamic economic history within a comparative perspective

SKILL

To be able to make interdisciplinary academic studies between basic Islamic sciences and economics-finance sciences
Explanation and interpretation of new developments in economics and finance, from the perspective of Islamic morality and law
To be able to develop unique mechanisms and products in accordance with Islamic principles in the financial system
To enable students to make qualitative and quantitative data analysis and to interpret them in a relevant context

COMPETENCE

To comply with ethical rules in the fields in which they are employed and in economic-commercial activities
Competence to conduct qualitative and quantitative research in terms of resources, methods and terminology in the field of Islamic economics and finance
To have a vision of seeking new models with an awareness of his own belief, morality and historical background in the field of Islamic Economics and Finance.

To have a sufficient knowledge about the fundamental concepts and methodology of Islamic law.
Having academic knowledge about Islamic morality and ethics
Having enough knowledge about Islamic commercial law
Having enough knowledge and skills about economics and finance
To provide the students with the fundamental knowledge and skills related to Islamic finance
To be able to make interdisciplinary academic studies between basic Islamic sciences and economics-finance sciences
Explanation and interpretation of new developments in economics and finance, from the perspective of Islamic morality and law
To be able to develop unique mechanisms and products in accordance with Islamic principles in the financial system
To comply with ethical rules in the fields in which they are employed and in economic-commercial activities
Competence to conduct qualitative and quantitative research in terms of resources, methods and terminology in the field of Islamic economics and finance
To have a vision of seeking new models with an awareness of his own belief, morality and historical background in the field of Islamic Economics and Finance.
To enable students to make qualitative and quantitative data analysis and to interpret them in a relevant context
To endow the students with the background regarding the theory of Islamic economics, economies of Muslim-majority countries and their relations with each other, history of Islamic economic thought and Islamic economic history within a comparative perspective

Subject-Specific Qualifications	Programme Learning Outcomes
KNOWLEDGE
Theoretical / Conceptual
Lisans düzeyi yeterliliklerine dayalı olarak, aynı veya farklı bir alandaki bilgilerini uzmanlık düzeyinde geliştirir ve derinleştirir. Alanının ilişkili olduğu disiplinlerle etkileşimi açıklar.	To have a sufficient knowledge about the fundamental concepts and methodology of Islamic law. Having academic knowledge about Islamic morality and ethics Having enough knowledge about Islamic commercial law Having enough knowledge and skills about economics and finance To provide the students with the fundamental knowledge and skills related to Islamic finance To endow the students with the background regarding the theory of Islamic economics, economies of Muslim-majority countries and their relations with each other, history of Islamic economic thought and Islamic economic history within a comparative perspective
SKILL
Cognitive / Pratical
Alana ilişkin bilgileri çalışanlar ve ekip arkadaşlarına aktarabilme becerisine sahiptir. Alana ilişkin bilgileri analitik ve sistematik olarak analiz etme, yorumlama ve değerlendirme becerisine sahiptir. Karar, uygulama ve davranışlarında alana ilişkin edindiği bilgileri kullanmak suretiyle verileri yorumlayabilme, analiz edebilme, sorunları tanımlayabilme ve çözüm önerileri getirebilme becerisine sahiptir	To be able to make interdisciplinary academic studies between basic Islamic sciences and economics-finance sciences Explanation and interpretation of new developments in economics and finance, from the perspective of Islamic morality and law To be able to develop unique mechanisms and products in accordance with Islamic principles in the financial system To enable students to make qualitative and quantitative data analysis and to interpret them in a relevant context
COMPETENCE
Learning Competence
Edindiği bilgi ve becerileri eleştirel olarak değerlendirir.	Competence to conduct qualitative and quantitative research in terms of resources, methods and terminology in the field of Islamic economics and finance
Communication and Social Competence
Alanı ile ilgili edindiği bilgi ve beceriler düzeyindeki düşüncelerini ve önerilerini ilgililere yazılı ve sözlü olarak aktarır. Alana ilişkin çalışma yapanlarla iletişim kurar. Bir yabancı dili en az Avrupa Dil Portföyü B2 Genel Düzeyinde kullanarak sözlü ve yazılı iletişim kurar. Çalışma alanlarına ilişkin veri giriş ve analizlerini yapabilecek düzeyde bilgisayar yazılımı, bilişim ve iletişim teknolojilerini ileri düzeyde kullanır.	To comply with ethical rules in the fields in which they are employed and in economic-commercial activities
Field Specific Competence
Örgütün/Kurumun paydaşlarıyla ilişkilerini analiz edebilme ve etkin biçimde yürütür. Alana ilişkin yapılacak çalışmalarda özgünlük ve katkı sağlar. Örgüt/Kurum, iş ve toplumsal etik değerlere uygun davranır. Sosyal hakların evrenselliği, sosyal adalet, kalite ve kültürel değerler ile çevre koruma, iş sağlığı ve güvenliği konularında yeterli bilince sahiptir.	To have a vision of seeking new models with an awareness of his own belief, morality and historical background in the field of Islamic Economics and Finance.

Relationship Between Programme Learning Outcomes and Objectives

KNOWLEDGE		OBJECTIVE				T	%
Theoretical / Conceptual		O1	O2	O3	O4
1	To have a sufficient knowledge about the fundamental concepts and methodology of Islamic law.	5 VH ✔	4 H ✔	4 H ✔	4 H ✔	17	%85,00
2	Having academic knowledge about Islamic morality and ethics	5 VH ✔	4 H ✔	3 M ✔	5 VH ✔	17	%85,00
3	Having enough knowledge about Islamic commercial law	5 VH ✔	4 H ✔	5 VH ✔	5 VH ✔	19	%95,00
4	Having enough knowledge and skills about economics and finance	2 L ✔	3 M ✔	4 H ✔	3 M ✔	12	%60,00
5	To provide the students with the fundamental knowledge and skills related to Islamic finance	4 H ✔	5 VH ✔	5 VH ✔	4 H ✔	18	%90,00
6	To endow the students with the background regarding the theory of Islamic economics, economies of Muslim-majority countries and their relations with each other, history of Islamic economic thought and Islamic economic history within a comparative perspective	3 M ✔	4 H ✔	3 M ✔	4 H ✔	14	%70,00
SKILL		OBJECTIVE				T	%
Cognitive / Pratical		O1	O2	O3	O4
1	To be able to make interdisciplinary academic studies between basic Islamic sciences and economics-finance sciences	4 H ✔	4 H ✔	3 M ✔	3 M ✔	14	%70,00
2	Explanation and interpretation of new developments in economics and finance, from the perspective of Islamic morality and law	4 H ✔	4 H ✔	3 M ✔	4 H ✔	15	%75,00
3	To be able to develop unique mechanisms and products in accordance with Islamic principles in the financial system	4 H ✔	4 H ✔	4 H ✔	4 H ✔	16	%80,00
4	To enable students to make qualitative and quantitative data analysis and to interpret them in a relevant context	2 L ✔	4 H ✔	4 H ✔	3 M ✔	13	%65,00
COMPETENCE		OBJECTIVE				T	%
Communication and Social Competence		O1	O2	O3	O4
1	To comply with ethical rules in the fields in which they are employed and in economic-commercial activities	4 H ✔	4 H ✔	4 H ✔	4 H ✔	16	%80,00
Learning Competence		O1	O2	O3	O4
1	Competence to conduct qualitative and quantitative research in terms of resources, methods and terminology in the field of Islamic economics and finance	3 M ✔	5 VH ✔	3 M ✔	3 M ✔	14	%70,00
Field Specific Competence		O1	O2	O3	O4
1	To have a vision of seeking new models with an awareness of his own belief, morality and historical background in the field of Islamic Economics and Finance.	4 H ✔	4 H ✔	4 H ✔	4 H ✔	16	%80,00
NUMBER OF PROGRAMME LEARNING OUTCOMES (13)		13	13	13	13	-	-
WEIGHT		49	53	49	50	-	-
PERCENTAGE		%75,38	%81,54	%75,38	%76,92	-	-
CONTRIBUTION LEVEL - LOW [2] (L)		2	0	0	0
CONTRIBUTION LEVEL - MEDIUM [3] (M)		2	1	5	4
CONTRIBUTION LEVEL - HIGH [4] (H)		6	10	6	7
CONTRIBUTION LEVEL - VERY HIGH [5] (VH)		3	2	2	2

* T: Total, %: Percentage

O1 — To adopt the principles and rules of Islamic commercial law in general and Shari'ah contracts in particular and to apply them correctly to the relevant processes in business / academic life.

O2 — To learn the basics of Islamic economics and finance, its historical development and its current applications and to transfer them to their business / academic life.

O3 — To teach basic professional knowledge to candidates who work or want to work in participation banks or interest-free financing, participation insurance etc., to develop their professional experience in the fields of loans, risk management, fund management and marketing management, and to gain skills in customer relationship management.

O4 — To equip the graduates who are aware of the current problems and have sufficient knowledge and initiative to solve these problems in the fields of participation banks, interest-free finance, and participation insurance.

Contribution Level: 2 = Low 3 = Medium 4 = High 5 = Very High

Contribution Level: L = Low M = Medium H = High VH = Very High

Contribution Level: ✔ = Has contribution

Teaching Methods

The most frequently used Instructional Methods of the educational programs of Istanbul Sabahattin Zaim University are given below.

Expression
Question-Answer
Discussion
Exercise and Practice
Presentation
Guided Practice
Role Playing
Group Study
Simulation
Brain Storming
Six Hat
Case Study
Experiment - Test / Lab/ Workshop / Field Practice
Self study
Problem Solving
Project Based Learning (Including Field Work)

Assessment Methods

The most frequently used Evaluation Methods of the educational programs of Istanbul Sabahattin Zaim University are given below.

Testing (Essay / Tests: True-Falls, multiple-choice, short answer, matching)
Oral Exam
Homework
Project / Design
Portfolio
Performance Assignment ( Lab / Workshop / Field Work / Seminar / Presentation / Completion Study / Thesis)

Degree and Level Awarded

Students who complete the requirements of the program are entitled to receive a master's degree in Islamic Economics and Finance.

Admission Requirements

-Bachelor degree,

- ALES Score (For Turkish Applicants): Minimum General Score: 55 (SÖZ or EA-point type). For GRE-ALES equivalent see the table

-To get a score of at least 70 from YDS or YÖKDİL (English) or an equivalent score from the foreign language (English) exams accepted as equivalent by ÖSYM or at least 70 points from the English Language Proficiency Exam to be held by IZU.

-The courses of this program are given at Istanbul Sabahattin Zaim University Halkalı campus.

Graduation Requirements

In order for students to graduate from this program:

- Students must take at least 120 ECTS courses and have a GPA of at least 2.50 out of 4.00.

- Students, who completed course phase, submit a thesis proposal with the thesis form to the Institute, before starting their theses. After their proposals approved by the Institute, they can start their theses.

- Students who successfully complete their courses have to write an original master thesis, defend this thesis in front of the jury and submit the thesis.

- The rules written in "IZU Graduate Education and Examination Regulations - Articles 11 & 12" are applied in the processes for the master's thesis and its completion.

- The student who is enrolled in a graduate program must also fulfill at least one of the following conditions in order to graduate.

Two papers presented at national or international scientific meetings,
An article published in a peer-reviewed/ indexed journal, accepted for publication, or received a DOI number,
Two papers presented at Social / Science symposiums organized by IZU.

The publication should be about the subject of the student's thesis or a subject related to the department.
In publications, the approval of the thesis supervisor must be obtained.
Publications must have the name of Istanbul Sabahattin Zaim University

Recognition of Prior Learning

A student who has completed at least one semester in a graduate program at the university or another higher education institution can be admitted to the University's graduate programs through undergraduate transfer within the framework of the relevant legislation and the principles determined by the institute board of directors.

The principles regarding the transfer between thesis and non-thesis graduate programs are determined by the institute board of directors.

Employment Opportunities

Graduates of Islamic Economics and Finance Master's Program can work in related institutions in the public sector and private sector. Students who will graduate from this program can also find the opportunity to work in the institutions of the academic world related to the field. These institutions include both national and international universities and research organizations. Currently, the two universities in Turkey in 13 undergraduate and graduate university level Islamic economics and finance programs are available.

Another area in which our graduates can be employed is institutions and organizations in the private sector. They can work in domestic and international companies that operate in different sectors in our country within the framework of Islamic principles, as well as find employment opportunities in participation banks, participation insurance companies, savings-based financing companies and participation portfolio management companies. Currently, six branches of participation banks in Turkey and continues its activities in 1207 with market share of 6.3%. In addition, the share of participation insurance companies in the insurance sector has reached 4.3%. More than 30 companies operate in the increasingly growing savings-based financing sector.

Access to Further Studies

Graduates can apply to PhD programmes.

Course Plan Year

Study Plan

1th Semester

Number of Compulsory Courses: 4 Number of Elective Courses: 0

Code	Course Name	Type	Language of Instruction	T	H	ECTS	Cr.
IEC 543	Islamic Economy	Compulsory	English	3	3	7.5	3
IEC 597	Scientific Research Methods	Compulsory	English	3	3	7.5	3
BLS 001	Departmental Elective Course	Departmental Elective	English	3	3	7.5	3
BLS 002	Departmental Elective Course	Departmental Elective	English	3	3	7.5	3
Total:				12	12	30,0	12,0

1th Semester Elective Courses

Code	Course Name	Type	Language of Instruction	T	H	ECTS	Cr.
IEC 507	Islamic Economic Thought and History	Departmental Elective	English	3	3	7.5	3
IEC 509	Islamic Law Methodology	Departmental Elective	English	3	3	7.5	3
IEC 514	Islamic Capital Markets	Departmental Elective	English	3	3	7.5	3
IEC 521	Credit Analysis	Departmental Elective	English	3	3	7.5	3
IEC 536	Islamic Commercial Law	Departmental Elective	English	3	3	7.5	3
IEC 541	Participation Banking Marketing	Departmental Elective	English	3	3	7.5	3
IEC 547	Economics and Finance Theory	Departmental Elective	English	3	3	7.5	3
IEC 549	Non-Interest Financial Institutions and Instruments	Departmental Elective	English	3	3	7.5	3
IEC 551	Risk Management in Islamic Finance Institutions	Departmental Elective	English	3	3	7.5	3
IEC 553	Advanced Microeconomics	Departmental Elective	English	3	3	7.5	3
IEC 555	Takaful	Departmental Elective	English	3	3	7.5	3
IEC 559	Accounting for Islamic Finance Institutions	Departmental Elective	English	3	3	7.5	3
IEC 560	Selected Topics in Islamic Economics and Finance	Departmental Elective	English	3	3	7.5	3
IEC 561	Islamic Social Finance	Departmental Elective	English	3	3	7.5	3
IEC 563	International Economics	Departmental Elective	English	3	3	7.5	3
IEC 565	Ottoman Money Foundations	Departmental Elective	English	3	3	7.5	3
IEC 567	History of Finance and Businees Partnerships	Departmental Elective	English	3	3	7.5	3
IEC 569	Social Responsibility and Ethics in Management	Departmental Elective	English	3	3	7.5	3
IEC 571	Economies of Islamic Countries	Departmental Elective	English	3	3	7.5	3
IEC 572	Sustainable Development and Circular Economy	Departmental Elective	English	3	3	7.5	3
IEC 636	Financial Management	Departmental Elective	English	3	3	7.5	3
IEC 639	International Islamic Banking	Departmental Elective	English	3	3	7.5	3
Total:				66	66	165,0	66,0

2nd Semester

Number of Compulsory Courses: 3 Number of Elective Courses: 0

Code	Course Name	Type	Language of Instruction	T	H	ECTS	Cr.
IEC 544	Islamic Finance	Compulsory	English	3	3	7.5	3
BLS 001	Departmental Elective Course	Departmental Elective	English	3	3	7.5	3
BLS 002	Departmental Elective Course	Departmental Elective	English	3	3	7.5	3
Total:				9	9	22,5	9,0

2nd Semester Elective Courses

Code	Course Name	Type	Language of Instruction	T	H	ECTS	Cr.
IEC 504	International Finance	Departmental Elective	English	3	3	7.5	3
IEC 506	Corporate Finance	Departmental Elective	English	3	3	7.5	3
IEC 516	Comparative Conventional and Interest-free Banking	Departmental Elective	English	3	3	7.5	3
IEC 518	Modern Economic Systems and Islamic Economics	Departmental Elective	English	3	3	7.5	3
IEC 536	Islamic Commercial Law	Departmental Elective	English	3	3	7.5	3
IEC 538	Economic Policy	Departmental Elective	English	3	3	7.5	3
IEC 546	Islamic Legal Principles	Departmental Elective	English	3	3	7.5	3
IEC 548	Economics and Finance Theory	Departmental Elective	English	3	3	7.5	3
IEC 550	International Islamic Finance Institutions	Departmental Elective	English	3	3	7.5	3
IEC 552	Islamic Capital Markets	Departmental Elective	English	3	3	7.5	3
IEC 554	Advanced Macroeconomics	Departmental Elective	English	3	3	7.5	3
IEC 556	Applied Time Series Econometrics	Departmental Elective	English	3	3	7.5	3
IEC 558	Mathematical Methods for Islamic Economics and Finance	Departmental Elective	English	3	3	7.5	3
IEC 560	Selected Topics in Islamic Economics and Finance	Departmental Elective	English	3	3	7.5	3
IEC 562	Islamic Economic Analysis	Departmental Elective	English	3	3	7.5	3
IEC 564	Fiqh and Contemporary Financial Transactions	Departmental Elective	English	3	3	7.5	3
IEC 566	Ottoman Economics and Finance	Departmental Elective	English	3	3	7.5	3
IEC 568	Turkish Economy	Departmental Elective	English	3	3	7.5	3
IEC 570	Participation Banking in Turkey	Departmental Elective	English	3	3	7.5	3
Total:				57	57	142,5	57,0

3rd Semester

Number of Compulsory Courses: 1 Number of Elective Courses: 0

Code	Course Name	Type	Language of Instruction	T	P	L	H	ECTS	Cr.
IEC 500	Master's Thesis	Thesis	English	0	0	0	0	60	0
Total:				0	0	0	0	60,0	0,0

Course Load Summary

Course Load Summary	T	H	ECTS	Cr.
Grand Total (Number of Courses: 8)	21	21	112,5	21,0
Compulsory Course Total (Number of Courses: 3)	9	9	22,5	9,0
Elective Course Total (Number of Courses: 4)	12	12	30,0	12,0

Course Type	Number of Courses	Ratio (%)
Zorunlu Ders	3	37,50
Seçmeli Ders	4	50,00
Bölüm Dışı Seçmeli Ders	0	0,00

T: Theory, P: Practice, L: Laboratory, WCH: Weekly Course Hours, ECTS: European Credit Transfer System, Cr.: Credit

Core Area Distribution

Core Area	Total ECTS	Ratio (%)
Business and Administration	84	45.1%
Humanities	39.8	21.4%
Social and Behavioural Science	24	12.9%
Mathematics and Statistics	12.8	6.9%
Law	10.5	5.6%
Business and Administration	8.3	4.5%
Mathematics and Statistics	5.3	2.8%
Social and Behavioural Science	1.5	0.8%

Course Category List

Compulsory Courses

Course	ECTS	Ratio (%)
IEC 544 - Islamic Finance	7.5
34 - Business and Administration		%60
46 - Mathematics and Statistics		%40
IEC 597 - Scientific Research Methods	7.5
31 - Social and Behavioural Science		%20
34 - Business and Administration		%50
46 - Mathematics and Statistics		%30

Elective Courses

Course	ECTS	Ratio (%)
IEC 507 - Islamic Economic Thought and History	7.5
22 - Humanities		%20
34 - Business and Administration		%80
IEC 509 - Islamic Law Methodology	7.5
38 - Law		%100
IEC 514 - Islamic Capital Markets	7.5
34 - Business and Administration		%50
46 - Mathematics and Statistics		%50
IEC 516 - Comparative Conventional and Interest-free Banking	7.5
22 - Humanities		%10
31 - Social and Behavioural Science		%20
34 - Business and Administration		%70
IEC 521 - Credit Analysis	7.5
34 - Business and Administration		%60
46 - Mathematics and Statistics		%40
IEC 541 - Participation Banking Marketing	7.5
34 - Business and Administration		%100
IEC 547 - Economics and Finance Theory	7.5
31 - Social and Behavioural Science		%50
34 - Business and Administration		%50
IEC 548 - Economics and Finance Theory	7.5
34 - Business and Administration		%70
46 - Mathematics and Statistics		%30
IEC 549 - Non-Interest Financial Institutions and Instruments	7.5
22 - Humanities		%30
31 - Social and Behavioural Science		%10
34 - Business and Administration		%60
IEC 551 - Risk Management in Islamic Finance Institutions	7.5
22 - Humanities		%100
IEC 552 - Islamic Capital Markets	7.5
34 - Business and Administration		%100
IEC 553 - Advanced Microeconomics	7.5
34 - Business and Administration		%100
IEC 555 - Takaful	7.5
34 - Business and Administration		%100
IEC 559 - Accounting for Islamic Finance Institutions	7.5
31 - Social and Behavioural Science		%100
IEC 560 - Selected Topics in Islamic Economics and Finance	7.5
31 - Social and Behavioural Science		%50
34 - Business and Administration		%20
38 - Law		%20
IEC 561 - Islamic Social Finance	7.5
22 - Humanities		%20
31 - Social and Behavioural Science		%40
34 - Business and Administration		%40
IEC 563 - International Economics	7.5
22 - Humanities		%100
IEC 565 - Ottoman Money Foundations	7.5
22 - Humanities		%100
IEC 567 - History of Finance and Businees Partnerships	7.5
22 - Humanities		%50
34 - Business and Administration		%50
IEC 569 - Social Responsibility and Ethics in Management	7.5
34 - Business and Administration		%50
46 - Mathematics and Statistics		%50
IEC 571 - Economies of Islamic Countries	7.5
34 - Business and Administration		%100
IEC 572 - Sustainable Development and Circular Economy	7.5
22 - Humanities		%100