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 |
|---|---|---|---|---|---|---|---|
| 4751100 | Research methods | 3 | Autumn | 5 | 3+0+0 | 5 | 5 |
| Course Type | Elective |
| 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. Aynur AKPINAR |
| Instructor Assistant(s) | - |
Course Instructor(s)
| Name and Surname | Room | E-Mail Address | Internal | Meeting Hours |
|---|---|---|---|---|
| Assoc. Prof. Aynur AKPINAR | C-209 | [email protected] | 7644 |
Course Content
This course covers the accounting practices and standards of Islamic financial institutions.
Objectives of the Course
The objective of this course is to enable students to understand the accounting practices and standards of Islamic financial institutions. Students will learn about the accounting for Islamic financial products and services, financial reporting standards, and the auditing processes of Islamic financial institutions.
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 | 4 |
| P2 | İslam İktisadı ve Finans alanında edindiği bilgi, beceri ve yetkinlikleri kullanarak meseleleri tanımlama, veri toplama, değerlendirme, analiz etme, yorumlama ve çözüm önerisi geliştirebilme | 3 |
| 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 | 1 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Understands the information presented in Balance Sheets (Financial Position Statements), Income Statements (Profit and Loss Statements), Cash Flow Statements, Equity Change Statements, and Profit Distribution Statements in Islamic financial institutions. | P.3.7 | 1 |
| O2 | Knows how the information in the fundamental financial statements of Islamic financial institutions is formed. | P.3.8 | 1 |
| O3 | Can prepare Balance Sheets (Financial Position Statements) and Income Statements (Profit and Loss Statements) using existing financial data of Islamic financial institutions. | P.3.9 | 1 |
| O4 | Can analyze account information in the Balance Sheets (Financial Position Statements) and Income Statements (Profit and Loss Statements) of Islamic financial institutions. | P.3.9 | 1 |
| O5 | Can compare and evaluate the Balance Sheet (Financial Position Statements) and Income Statements (Profit and Loss Statements) of different Islamic financial institutions. | P.3.10 | 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 | Explanation of bank accounting and fundamental concepts, accounts used in the banking sector, and the characteristics of financial statements. |
| 2 | Explanation of the structure of Islamic financial institutions. |
| 3 | Examples of recording cash and cash equivalents accounts in TL-FC. |
| 4 | Examples of opening credit accounts (based on methods used by Islamic financial institutions), recording profit-sharing accounts, and installment payments. |
| 5 | Examples of recording delayed (default) or non-payment of credit accounts in TL-FC. |
| 6 | Examples of recording, valuing, depreciating, and selling fixed assets. |
| 7 | Foreign liabilities (current accounts - participation accounts) in TL-FC. |
| 8 | Midterm exam. |
| 9 | Foreign liabilities (provisions - leasing - security issuances - creditor temporary accounts) in TL-FC. |
| 10 | Examples of recording equity. |
| 11 | Examples of income accounts (income from participation accounts, export credits, leasing revenues) in TL-FC. |
| 12 | Examples of expense accounts (payments for participation accounts, issued securities, and operational costs) in TL-FC. |
| 13 | Examples of transferring trial balance information to income statements and financial position statements. |
| 14 | General review |
Textbook or Material
| Resources | Dr. Abdurrahman Çetin-Faizsiz Finans Kuruluşları Muhasebesi -Tek Düzen Hesap Planı ve AAOFI Standartları Çerçevesinde-TKBB Yayınları |
| TKBB's publications on accounting |
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 | P3 |
|---|---|---|
| O1 | Understands the information presented in Balance Sheets (Financial Position Statements), Income Statements (Profit and Loss Statements), Cash Flow Statements, Equity Change Statements, and Profit Distribution Statements in Islamic financial institutions. | 5 |
| O2 | Knows how the information in the fundamental financial statements of Islamic financial institutions is formed. | 4 |
| O3 | Can analyze account information in the Balance Sheets (Financial Position Statements) and Income Statements (Profit and Loss Statements) of Islamic financial institutions. | 5 |
| O4 | Can prepare Balance Sheets (Financial Position Statements) and Income Statements (Profit and Loss Statements) using existing financial data of Islamic financial institutions. | 5 |
| O5 | Can compare and evaluate the Balance Sheet (Financial Position Statements) and Income Statements (Profit and Loss Statements) of different Islamic financial institutions. | 4 |