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 Safa YILDIRAN
Course Objective
The objectives of this course are to:
- To provide students with the knowledge of various Islamic commercial transactions.
- To expose students to issues related to debt and its treatment in Fiqh.
- To enhance the students’ skills in relation to the application of Islamic commercial and financial transactions.
Course Content
The course covers important contracts, which are related to trade, business and financial practices. It mainly focuses on commercial and financial transactions that are used in Islamic banking and finance such as contract of sale (bay’) and its varieties, lease (ijarah), agency (wakalah), deposit (wadi’ah) loan (qardh), partnership contracts (musharakah and mudharabah), and security contracts such as pledge (rahn) guarantee (kafalah), transfer of debt (hawalah), absolution (ibra) and debt clearance (muqassah).
Core Area Distribution
(22) Humanities%30 (38) Law%70