Faculty of Business and Management Sciences · Business Administration (English 30%) · Undergraduate
ECTS: 5 T+P+L: 3+0+0 University Elective
Coordinator: Arş. Gör. Fatma YILMAZ YEŞİLMEN
Course Objective
To provide a better understanding of the theoretical knowledge learned in other courses on Islamic law of obligations and to reveal halal financing methods by addressing current commercial contracts and today's financing methods within the framework of AAOIFI and TKBB Advisory Board standards
Course Content
In the course, the basic standards covering today's commercial contracts and financing issues from the Interest-Free Finance Standards of AAOIFI and TKBB Advisory Board will be covered.
Required Resources
AAOIFI, Faizsiz Finans Standartları, İstanbul: TKBB yayınları 2018.
Recommended Resources
Katılım Finansmanında Yeni Yaklaşımlar, TKBB Yayınları
Course Learning Outcomes
- Have a good command of current finance practices
- Know the fiqh provisions on finance practices and interpret the fiqh dimension of the practices
Core Area Distribution
(31) Social and Behavioural Science%50 (34) Business and Administration%50
Teaching Methods
ExpressionQuestion-AnswerDiscussionSimulationBrain StormingSelf studyProblem Solving
Assessment & Evaluation
Testing (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 | 5 | 80 |
| Midterm | 1 | 1 | 1 |
| Quiz | 0 | 0 | 0 |
| Assignment | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 2 | 2 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | Introduction and overview of the field | |
| 2 | Karz (consumption loan) | Relevant chapter |
| 3 | Debit and Credit Cards | Relevant chapter |
| 4 | Foreign Exchange + Gold Transactions | Relevant chapter |
| 5 | Mudaraba (Labor-Capital Partnership) | Relevant chapter |
| 6 | Murabaha [TKBB Standard] | Relevant chapter |
| 7 | Icare/Leasing | Relevant chapter |
| 8 | Midterm | |
| 9 | Partnerships | Relevant chapter |
| 10 | Selem + İstısna | Relevant chapter |
| 11 | Tawarruq [TKBB Standard] | Relevant chapter |
| 12 | Takaful and Private Pension | Relevant chapter |
| 13 | Securities and Stock Exchange [TKBB Standard] | Relevant chapter |
| 14 | Commodity Sales in Organized Markets (Derivatives) | Relevant chapter |
| 15 | Lease (Investment) Certificates: Sukuk | Relevant chapter |
| 16 | Final exam |