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 |
|---|---|---|---|---|---|---|---|
| 4750001 | Islamic Finance I | 3 | Autumn | 5 | 3+0+0 | 4 | 4 |
| 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) | Assoc. Prof. Kamola BAYRAM |
| Instructor Assistant(s) | - |
Course Instructor(s)
| Name and Surname | Room | E-Mail Address | Internal | Meeting Hours |
|---|---|---|---|---|
| Assoc. Prof. Kamola BAYRAM | C-Z07 | [email protected] | 7808 |
Course Content
Islamic economy, Islamic finance, Islamic finance philosophy. In terms of Islamic finance, Management of Short Term Financing Resources, Management of Long Term Financing Resources, Financial Markets, Financial Institutions and Derivatives, Other Important Finance Related Issues
Objectives of the Course
The aim of the course is to examine and discuss Islamic finance philosophy through Islamic law rules and finance and to evaluate and evaluate contemporary Islamic finance practices from a critical perspective.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | X |
| Specialization / Field Courses | X |
| 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 | 5 |
| P3 | İslam İktisadı ve Finans alanıyla ilgili farklı bilgi kaynaklarına erişip sayısal analiz ve araştırma yapabilme | 4 |
| 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 | 3 |
| P7 | Öğrenim dilinde yazılı ve sözlü iletişim kurabilme, en az bir yabancı dil bilgisine sahip olabilme | 3 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Conducts financial analyses using Islamic finance instruments and products. | P.1.2 | 1 |
| O2 | Applies Islamic finance and economic principles to solve current economic problems. | P.1.3 | 1 |
| O3 | Collects necessary data in the field of Islamic finance and economics. | P.2.2 | 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 | Fundamentals of Business in Islamic Finance |
| 2 | Monetary System and Financial Mathematics, Concept of Interest, Money and Interest in Islam, Special Topics Related to Interest |
| 3 | Monetary System and Financial Mathematics, Concept of Interest, Money and Interest in Islam, Special Topics Related to Interest |
| 4 | Financial Statements, Cash Flows, Depreciations and Taxes (From an Islamic Finance Perspective evaluation) |
| 5 | Analysis of Financial Statements from the Perspective of Islamic Finance |
| 6 | Financial Forecasting, Planning and Budgeting within the Framework of Islamic Finance |
| 7 | Valuation of Islamic Financial Assets. Sukuk as an Important Financial Instrument, Its Types and How it works. |
| 8 | Long Term Investment Decisions in Islamic Finance (Capital Budgeting, Cash Flow Principles, Valuation Methods) |
| 9 | Long Term Investment Decisions in Islamic Finance (Risk and Risk Analysis in Capital Budget, Islamic Cost of Capital and Decisions in finance) |
| 10 | Long Term Financial Decisions in Islamic Finance (Leverage and Capital Structure policy, Dividend Policy and Internal Financing) |
| 11 | Short Term Financial Decisions in Islamic Finance (Working capital Management, Cash and Marketable Securities Management, Trade Receivables and Stock Management) |
| 12 | Special Topics in Islamic Finance Management (Long Term Foreign Resources and Financial Leasing) |
| 13 | Special Topics in Islamic Finance Management (Equity Financing and Public Stock of Joint Stock Companies) Opening, Financing Strategies of Companies and Hybrid Fund Sources, Debt Management and Derivatives Products) |
| 14 | Growth in Companies, Mergers, Acquisitions and Holdings in Terms of Islamic Finance |
Textbook or Material
| Resources | İslami Finans İlkeler, Araçlar ve Kurumlar, Atila Yanpar |
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 | 20 | 20 |
| 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 | 1 | 30 | 30 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 120 | ||
| Total Work Load / 30 | 4 | ||
| Course ECTS Credits: | 4 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P1 | P2 |
|---|---|---|---|
| O1 | Conducts financial analyses using Islamic finance instruments and products. | 3 | 5 |
| O2 | Applies Islamic finance and economic principles to solve current economic problems. | 5 | 5 |
| O3 | Collects necessary data in the field of Islamic finance and economics. | 5 | 4 |