Islamic Economics and Finance
Course Details
KTO KARATAY UNIVERSITY
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Islamic Economics and Finance
Course Details
İktisadi, İdari ve Sosyal Bilimler Fakültesi
Programme of Islamic Economics and Finance
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 4740002 | Fiqh Fundamentals of Islamic Finance | 2 | Spring | 4 | 3+0+0 | 6 | 6 |
| Course Type | Compulsory |
| Course Cycle | Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6) |
| Course Language | Turkish |
| Methods and Techniques | - |
| Mode of Delivery | Face to Face |
| Prerequisites | - |
| Coordinator | - |
| Instructor(s) | Prof. Hamdi DÖNDÜREN |
| Instructor Assistant(s) | - |
Course Content
In the course, the basic standards covering contemporary commercial contracts and financing issues from the Islamic Finance Standards of AAOIFI and the TKBB Advisory Board will be covered.
Objectives of the Course
The aim is 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 considering current commercial contracts and today's financing methods within the framework of AAOIFI and TKBB advisory board standards.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | X |
| Specialization / Field Courses | |
| Support Courses | |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Relationships between Course Learning Outcomes and Program Outcomes
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Program Learning Outcomes | Level |
|---|---|---|
| P1 | İslam İktisadı ve Finans alanında kuramsal ve uygulamalı bilgilere sahip olma, sahip olduğu bilgileri kullanabilme | 5 |
| P2 | İslam İktisadı ve Finans alanında edindiği bilgi, beceri ve yetkinlikleri kullanarak meseleleri tanımlama, veri toplama, değerlendirme, analiz etme, yorumlama ve çözüm önerisi geliştirebilme | 4 |
| P3 | İslam İktisadı ve Finans alanıyla ilgili farklı bilgi kaynaklarına erişip sayısal analiz ve araştırma yapabilme | 3 |
| P4 | Disiplin içi, çok disiplinli veya çok kültürlü gruplarda ve bireysel çalışabilme | 3 |
| P5 | Ahlaki değerler ve mesleki sorumluluk bilinci ile hareket edebilme | 3 |
| P6 | Alan uygulamalarının, evrensel ve toplumsal etkileri ile hukuki sonuçlarını bilme | 5 |
| P7 | Öğrenim dilinde yazılı ve sözlü iletişim kurabilme, en az bir yabancı dil bilgisine sahip olabilme | 2 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Explains the fundamental principles and historical development of Islamic economics. | P.1.1 | 1 |
| O2 | Conducts financial analyses using Islamic finance instruments and products. | P.1.2 | 1 |
| O3 | Develops critical thinking and problem-solving skills in Islamic economics and finance. | P.1.4 | 1 |
| ** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7 | |||
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Meeting and Area Overview |
| 2 | Karz (Consumption Loan) [FFS 19] |
| 3 | Debit Cards and Credit Cards [FFS 02] |
| 4 | Foreign Exchange Transactions [FFS 01] + Gold Transactions [FFS 57] |
| 5 | Mudaraba (Labour-Capital Partnership) [FFS 13] |
| 6 | Murabaha [TKBB Standard] |
| 7 | İcare/Leasing [FFS 09] |
| 8 | Partnerships [FFS 12] |
| 9 | Selem [FFS 10] + İstısna [FFS 11] |
| 10 | Teverruk [TKBB Standardı] |
| 11 | Takaful and Private Pension |
| 12 | Securities and Stock Exchange [TKBB Standard] |
| 13 | Commodity Sales in Organized Markets (Derivative Products) |
| 14 | Lease (Investment) Certificates: Sukuk |
Textbook or Material
| Resources | AAOIFI, Faizsiz Finans Standartları, İstanbul: TKBB yayınları 2018. |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Attendance | - | - |
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | - | - |
| Projects | - | - |
| Midterms | 1 | 40 (%) |
| Final Exam | 1 | 60 (%) |
| Total | 100 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 14 | 3 | 42 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 14 | 2 | 28 |
| Midterms | 1 | 45 | 45 |
| Quiz | 0 | 0 | 0 |
| Homework | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Workshop | 0 | 0 | 0 |
| Presentation/Seminar Preparation | 0 | 0 | 0 |
| Fieldwork | 0 | 0 | 0 |
| Final Exam | 0 | 0 | 0 |
| Other | 1 | 65 | 65 |
| Total Work Load: | 180 | ||
| Total Work Load / 30 | 6 | ||
| Course ECTS Credits: | 6 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P1 |
|---|---|---|
| O1 | Explains the fundamental principles and historical development of Islamic economics. | 5 |
| O2 | Conducts financial analyses using Islamic finance instruments and products. | 5 |
| O3 | Develops critical thinking and problem-solving skills in Islamic economics and finance. | 3 |