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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| PUBLIC FINANCE (PhD) | |
| Code | PF812 |
| Name | |
| Term | 2024-2025 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 8 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Doktora Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
Course Goal / Objective
To synthesize the basic theories and practices of Islamic economics and finance with public finance using basic concepts. Starting from its origins and historical background to understand the paradigm of Islamic economics and finance, this course then examines the Islamic rule system, financial instruments and public necessity. The main part of the course focuses on Islamic capital markets and the banking sector. This course also focuses on the Turkish experience and shows how Islamic Economics and finance has gained a foothold in the Turkish financial sector.
Course Content
In this course, a synthesis of public finance and public financial management is made by understanding Islamic economics and finance.
Course Precondition
no prerequisites
Resources
M. Ekrem Han (1998) İslam ekonomisinin temel meseleleri
Notes
Mehmet, Y. Ü. C. E. İslâm Ekonomisinde Temel İlkeler. İlahiyat Akademi, (13), 57-96.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explain the classical sources of Islamic economics |
| LO02 | Understand the basic principles of Islamic finance, the prohibition of interest (riba), uncertainty (gharar) and gambling (maysir) and discuss the role of these principles in financial systems |
| LO03 | Lists the relationship between Islamic economics, law and morality, and the historical evolution of Islamic economics as shaped or shaped by Muslim civilization. |
| LO04 | When necessary, some Islamic economic rules, regulations, institutions, tools, etc. compares with those of capitalism and socialism |
| LO05 | Evaluate religious, political, social and cultural foundations, analyze the dynamics and functions of Muslim economic institutions and state-market relations |
| LO06 | Understand the approach of Islamic economics to the fiscal functions of the state, public expenditure and tax systems and compare it with traditional public finance approaches |
| LO07 | Analyses Islamic financial instruments (such as sukuk, murabaha, istisna, ijarah) and their contribution to economic and financial systems |
| LO08 | Discusses how public borrowing can be structured in line with Islamic financing principles and the use of interest-free instruments such as sukuk |
| LO09 | Analyses the effects of zakat on social welfare and its relationship with public finance and evaluates its role in income distribution and poverty alleviation. |
| LO10 | Discusses tax justice in Islam, tax systems and their effects on income distribution, especially the differences between personal wealth tax and zakat |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | To be able to explain the basic conceptual knowledge related to the field, including the relationship between theory and practice. | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | To be able to synthesise the problems encountered in the field of finance with the information obtained from the field and different disciplines and evaluate the results. | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Can explain the functioning of tax systems and different tax systems by using the theoretical and legal knowledge about the taxation process. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Explains the policy proposals that can be applied against economic and financial problems in the context of fiscal policy (revenue, expenditure and borrowing). | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Follows national and international publications related to her field. | 3 |
| PLO06 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | To be able to conduct and publish studies related to the field of finance independently. | |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | To be able to prepare works in accordance with academic rules based on information about the basic theories of the field. | |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Appropriate responsibilities are assumed as a coordinator or participant in a project related to his/her field. | |
| PLO09 | Yetkinlikler - Öğrenme Yetkinliği | To be able to develop solutions to the role of public sector in economic life and international financial problems in the process of globalisation. | |
| PLO10 | Yetkinlikler - Öğrenme Yetkinliği | To be able to propose solutions to the problems related to fiscal theory, fiscal law, fiscal economics, budget and fiscal planning, which should be in the experts and researchers needed by the public and private sectors. | 3 |
| PLO11 | Yetkinlikler - Öğrenme Yetkinliği | Sets a vision and target for the organization/institution related to the field of study. | |
| PLO12 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to transfer the current developments and prepared studies in the field of finance to the groups in and out of the field in written, oral and visual ways. | 4 |
| PLO13 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses advanced information and communication technologies along with computer software at the level required by the field. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | To be able to use at least one foreign language related to the field effectively and to have the ability to follow foreign literature. | 3 |
| PLO15 | Yetkinlikler - Alana Özgü Yetkinlik | Acts in accordance with scientific and ethical values in the process of creating information and knowledge related to the field. | 5 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Financial systems and public incentives in line with the Islamic view | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | Interest and riba in the Islamic framework | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | Capital and derivatives markets in an Islamic framework | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | Goods markets in an Islamic framework | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Public attitudes and social justice in Islam | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | Islamic financing methods and public budget | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | Islamic banking system: Participation Banks | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 8 | Midterm exam | Exam app | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 9 | Public finance in the history of islam | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 10 | Ribawi transactions from an Islamic perspective | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Cooperation, partnership and financing in Islam | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Islamic economic institutions: Bazaar, caravanserai, futuwwa and tradesmen organizations | Reading related book chapters | Öğretim Yöntemleri: Soru-Cevap, Anlatım, Tartışma |
| 13 | Financial institutions of Islam: Beytülmal, Mint | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Approaches to commercial justice and shar'a justice in Islam | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | Social justice and unjust enrichment in Islam | Reading related book chapters | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 16 | Final exam | Ölçme Yöntemleri: Yazılı Sınav |
|
| 17 | Final exam | Exam app | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 8 | 112 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 2 | 4 | 8 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 24 | 24 |
| Total Workload (Hour) | 212 | ||
| Total Workload / 25 (h) | 8,48 | ||
| ECTS | 8 ECTS | ||