Institute of Social Sciences · Islamic Economics and Finance (English) · Master
Course Objective
This course aims to compare conventional banking, the dominant banking type in the current system, and interest-free banking (participation banking or Islamic banking) with a half-century history in various aspects.
Course Content
In the first part of the course, the comparison of these two types of banking in terms of their historical aspects, general operations and the products they use will be compared.
In the second part of the course, first of all, comparison of current and performance of conventional and interest-free banking will be made. Then, a detailed comparison of these two types of banking will take place in terms of risk management, accounting and auditing, which are two important issues for banking.
Finally, comparison will be made in terms of performance and customer relations.
Required Resources
Katılım Bankacılığı, 2016, Hüseyin Tunç, Nesil Yay.
Bankacılığa Giriş: Temel Bankacılık Bilgileri, 2019, Adalet Hazar ve Şenol Babuşçu, Nobel Akademik Yayıncılık.
Recommended Resources
M. K. Hassan and Mervyn K. Lewis (2007), Handbook of Islamic Banking, Edward Elgar Pub.
Explanations
COURSE EVALUATION:
Homework: % 25
Midterm: % 30
Final: % 35
Classin participation: % 10
Rules
PLAGIARISM, CHEATING, AND ACADEMIC INTEGRITY
To minimize the possibility of plagiarism occurring, it is worth clarifying the definition of plagiarism: Stealing others’ work (for example, copying others’ test answers, projects, or assignments) and passing it off as your own. Plagiarism and cheating in any form will not be tolerated, and will be dealt with through the appropriate university channels. If you are caught cheating in an exam or plagiarizing an assignment, you will receive a zero, and you may receive an F in the course. In addition, the event will be reported to campus authorities and may lead to probation, suspension, or expulsion from the University. Please see me if you have any questions about what constitutes plagiarism or other violations of the academic integrity policy.
Course Learning Outcomes
- Students will gain detailed information about these two types of banking.
- The ability to compare two types of banking will be gained.
- It will be possible to evaluate the pros and cons of the two sides.
- Practical information about today's banking practices will be obtained.
Core Area Distribution
Teaching Methods
Assessment & Evaluation
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 15 | 3 | 45 |
| Out of Class Study Period | 15 | 3 | 45 |
| Midterm | 1 | 5 | 5 |
| Quiz | 0 | 0 | 0 |
| Assignment | 1 | 5 | 5 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 10 | 10 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Delivery of syllabus and giving information about the course, introduction to the course | There is no |
| 2 | Comparison of the history of conventional and Islamic banking | Repetition of the previous week |
| 3 | Comparison of the theoretical background of conventional and Islamic banking | Repetition of the previous week |
| 4 | Comparison of conventional and Islamic banking according to their business models | Repetition of the previous week |
| 5 | Comparison of the products of conventional vs. Islamic banking-I | Repetition of the previous week |
| 6 | Comparison of the products of conventional vs. Islamic banking-II | Repetition of the previous week |
| 7 | Comparison of the products of conventional vs. Islamic banking-III | Repetition of the previous week |
| 8 | Midterm exam | Preparation for the midterm |
| 9 | Accounting and auditing comparison between conventional and Islamic banking-I | There is no |
| 10 | Accounting and auditing comparison between conventional and Islamic banking-II | Repetition of the previous week |
| 11 | Risk management based comparion of conventional and Islamic banking-I | There is no |
| 12 | Risk management based comparion of conventional and Islamic banking-II | Repetition of the previous week |
| 13 | General figures of conventional and Islamic banking | There is no |
| 14 | Comparison of the performances and customer satisfaction for conventional and Islamic banking | There is no |
| 15 | Final exam | Preparation for the final exam |
| 16 | There is no | There is no |