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 |
|---|---|---|---|---|---|---|---|
| 4751101 | Blockchain Applications and Crypto Finance | 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) | - |
| Instructor Assistant(s) | - |
Course Content
The course covers foundational sources of Islamic economic thought, early Islamic fiscal practices, the Bayt al-Mal institution, economic views of classical jurists, and the analytical contributions of prominent scholars such as al-Farabi, Ibn Sina, Ibn Hazm, al-Ghazali, Ibn Taymiyyah, Ibn al-Qayyim, and Ibn Khaldun. In addition, the Ottoman fiscal system and the modern revival of Islamic economics are studied. The course adopts a holistic approach by linking historical developments with contemporary normative Islamic economics.
Objectives of the Course
The aim of this course is to examine the historical development of Islamic economic thought starting from the Qur'an and Sunnah, continuing through classical fiqh scholarship, medieval Muslim thinkers, Ottoman economic institutions, and contemporary Islamic economics. The course aims to equip students with the ability to understand the economic institutions, fiscal structures, analytical approaches, and intellectual traditions of the Islamic civilization, and to critically evaluate modern debates in Islamic economics within a historical context.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | |
| 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 | 2 |
| P2 | İslam İktisadı ve Finans alanında edindiği bilgi, beceri ve yetkinlikleri kullanarak meseleleri tanımlama, veri toplama, değerlendirme, analiz etme, yorumlama ve çözüm önerisi geliştirebilme | 2 |
| P3 | İslam İktisadı ve Finans alanıyla ilgili farklı bilgi kaynaklarına erişip sayısal analiz ve araştırma yapabilme | 1 |
| P4 | Disiplin içi, çok disiplinli veya çok kültürlü gruplarda ve bireysel çalışabilme | 1 |
| 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 | 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 | Accesses academic articles, books, and other information sources related to Islamic economics and finance. | P.3.1 | 1 |
| O3 | Communicates effectively with individuals from diverse cultural backgrounds. | P.4.3 | 1 |
| O4 | Analyzes the societal impacts of Islamic economics and finance practices. | P.6.2 | 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 | Introduction to Islamic economic thought; key concepts |
| 2 | Economic principles in the Qur'an and Sunnah |
| 3 | Economic institutions and practices in the Prophetic era |
| 4 | Fiscal structure and Bayt al-Mal in the Rashidun period |
| 5 | Fiscal and economic regulations in classical fiqh |
| 6 | Early scholars: al-Farabi, Ibn Sina, Ibn Hazm |
| 7 | Economic views of al-Ghazali |
| 8 | Market, price, and governance views of Ibn Taymiyyah and Ibn al-Qayyim |
| 9 | Ibn Khaldun's economic analysis and historical methodology |
| 10 | Trade, market structures, and institutions in the medieval Islamic world |
| 11 | Ottoman fiscal system, taxation, and economic institutions |
| 12 | Modern revival of Islamic economics |
| 13 | Contemporary debates and schools of Islamic economic thought |
| 14 | General evaluation, student presentations, and course assessment |
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 | 30 | 30 |
| 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 | 50 | 50 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 150 | ||
| Total Work Load / 30 | 5 | ||
| Course ECTS Credits: | 5 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P1 | P3 | P4 | P6 |
|---|---|---|---|---|---|
| O1 | Explains the fundamental principles and historical development of Islamic economics. | 3 | 3 | 2 | 4 |
| O2 | Accesses academic articles, books, and other information sources related to Islamic economics and finance. | 5 | 4 | 4 | 2 |
| O3 | Communicates effectively with individuals from diverse cultural backgrounds. | 4 | 3 | 3 | 2 |
| O4 | Analyzes the societal impacts of Islamic economics and finance practices. | 2 | 5 | 2 | 1 |