Graduate Education Institute · Islamic Economics and Finance (English) · Master
Course Objective
This course aims to provide a detailed comparison of conventional banking, which is a dominant type of banking in the current system, and interest-free banking (participation banking or Islamic banking) which has a half-century history.
Course Content
In the first part of the course, the two types of banking will be compared in terms of their histories, general operations and the products that they use.
In the second part of the course, firstly, the comparison of their current situation will be done. Then, there will be a detailed comparison of these two types of banking in terms of risk management and accounting and auditing, which are two important points for banking.
Finally, a comparison will be made in terms of performance and customer relations.
Course Learning Outcomes
- Conventional and Interest-Free Banking Systems to be compared.
Core Area Distribution
Teaching Methods
Assessment & Evaluation
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 | 1 | 2 | 2 |
| Quiz | 2 | 1 | 2 |
| Assignment | 1 | 7 | 7 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 2 | 2 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | The definition, conditions and pillars of Zakah | Zekât: Bilgi ve Uygulama |
| 2 | The assets subject to Zakah and Zakah of new types of assets | Zekât: Bilgi ve Uygulama |
| 3 | The eligible recipients of Zakah and the method of paying Zakah | Zekât: Bilgi ve Uygulama |
| 4 | Zakah of corporations, accounting for Zakah, calculations of Zakah | Zekât: Bilgi ve Uygulama |
| 5 | Quiz 1 and the calculation of Zakah | Zekât: Bilgi ve Uygulama |
| 6 | The scope of Inheritance in Islam and related concepts | İslâm Miras Hukuku; Teshîlu’l-Ferâiz |
| 7 | Rulings related to inheritance I | İslâm Miras Hukuku; Teshîlu’l-Ferâiz |
| 8 | Midterm | Midterm |
| 9 | Rulings related to inheritance II | İslâm Miras Hukuku; Teshîlu’l-Ferâiz |
| 10 | Rulings related to inheritance II and calculations of inheritance | İslâm Miras Hukuku; Teshîlu’l-Ferâiz |
| 11 | Calculations of inheritance | İslâm Miras Hukuku; Teshîlu’l-Ferâiz |
| 12 | Quiz 2 and the definition, types, pillars, and conditions of Aqwaf | “Vakıf” (DİA); İslam Dünyasında Vakıflar |
| 13 | Awqaf in Islamic history, the current situation and problems | “Vakıf” (DİA); İslam Dünyasında Vakıflar |
| 14 | The definition, scope, pillars, and conditions of Hisbah institution | “Hisbe” (DİA); Sosyal Servet |
| 15 | Hisbah in Islamic history, its scope at the present time and current issues | “Hisbe” (DİA); Sosyal Servet |
| 16 | Final Exam | Final Exam |