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
Required Resources
Books of Assets and Harac: C. Kallek, Classical Publications.
Recommended Resources
Brief History of Islamic Economics: El-Ashker and R. Wilson, Economics Publications.
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
(22) Humanities%50 (31) Social and Behavioural Science%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 | 3 | 48 |
| Midterm | 1 | 6 | 6 |
| Quiz | 2 | 2 | 4 |
| Assignment | 1 | 11 | 11 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 8 | 8 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Shari'ah Rulings and Practices about Economic Matters in the time of the Holy Prophet (saw) and Rightly Guided Caliphs I | Hasanuzzaman, Economic Functions of an Islamic State, Chapter I. |
| 2 | Shari'ah Rulings and Practices about Economic Matters in the time of the Holy Prophet (saw) and Rightly Guided Caliphs II | Hasanuzzaman, Economic Functions of an Islamic State, Chapter II. |
| 3 | Shari'ah Rulings and Practices about Economic Matters in the time of the Holy Prophet (saw) and Rightly Guided Caliphs III | Hasanuzzaman, Economic Functions of an Islamic State, Chapter III. |
| 4 | Islamic economic literatures, their scope and history | Orman, S. (1997). Sources of the History of Islamic Economic Thought. Al-Shajarah: Journal of the International Institute of Islamic Thought and Civilization, Vol. 2, No. 1 |
| 5 | Fiqh literature | Lecture Notes, relevant chapter. |
| 6 | Tafseer ve Hadith Literatures | Lecture Notes, relevant chapter |
| 7 | Kharâj and Amwâl literatures | Lecture Notes, relevant chapters |
| 8 | Midterm Exam | Midterm Exam |
| 9 | Kasb and Adab literature | Lecture Notes, relevant chapter |
| 10 | Hisbah and Nuqûd literatures | Lecture Notes, relevant chapter |
| 11 | Ahkâm al-Sultaniyyah and Siyâsatnâme literatures | Lecture Notes, relevant chapters |
| 12 | Farâidh and Waqf literatures; Independent Works I | Lecture Notes, relevant chapter. |
| 13 | Independent Works II; changes and transformations in 19th century and ilm-i servet literature | Lecture Notes, relevant chapter. |
| 14 | Islamic Economics and Islamic Finance literatures | Lecture Notes, relevant chapters. |
| 15 | Comparison between classical and contemporary Islamic economic literatures | Lecture Notes, relevant chapter |
| 16 | Final Exam | Final Exam |