PARTICIPATION BANKING AND ISLAMIC FINANCE PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
BAY410	PARTICIPATION BANKING AND ISLAMIC FINANCE	5	3	3	5

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	, TYY: + , EQF-LLL: , QF-EHEA:
Type of the Course :	Elective
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit
Instructor(s) of the Course Unit	Assist.Prof. TAYFUN TİMURAY
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	To examine the concept of Islamic finance, to explain the principles and features of Islamic finance in comparison with interest-based finance, to examine participation banking in detail and to give information about other Islamic finance products.
Contents of the Course Unit:	-The content of the concept of Islamic finance and its comparison with conventional finance -The principles and features of Islamic finance and its development -Islamic finance and its fundamentals in the world and in Turkey -Participation banking, funding sources, products and contracts - Other products within the scope of Islamic finance (insurance, sukuk)

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Gains information about the concept of Islamic finance, its principles and features.
Learns the development of Islamic finance and its place in the world financial system.
Learns the funding sources of participation banking, the products used and the contracts.
Learns about insurance and sukuk, which are other products within the scope of Islamic finance.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	-	General introduction, introduction of the course, explanation of course topics	Lecture
2	-	The emergence of participation banking, historical development in the world and in Turkey	Lecture
3	-	The concept of interest-free banking, the main differences that distinguish it from conventional banks	Lecture
4	-	Participation Banking Financing System - Working Principles	Lecture
5	-	Participation Banks operating in Turkey, legal framework and supervision.	Lecture
6	-	The place of Participation Banking in the Turkish Banking System	Lecture
7	-	Review	Lecture
8	-	MID-TERM EXAM	-
9	-	Financing methods used in Participation Banking	Lecture
10	-	Participation banking fund raising function	Lecture
11	-	Services and products provided in participation banking	Lecture
12	-	Profit distribution system in participation banks	Lecture
13	-	Profit distribution system in participation banks	Lecture
14	-	Criticism of Participation Banking	Lecture
15	-	-	-
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
KAYA, F. (2017). Katılım Bankacılığı, Beta Yayınları, İstanbul.
DEDE, K. (2017). Katılım Bankalarında Hazine Ürünleri ve Sermaye Piyasası Uygulamaları, TKBB Yayınları, İstanbul.
CANBAZ, M. (2016). Katılım Bankacılığı, Beta Yayınları, İstanbul.
TUNÇ, H. (2016). Katılım Bankacılığı, Nesil Yayınları, İstanbul, 11. Edition.
AKTEPE, İ. E. (2017). Katılım Finans, TKBB Yayınları, İstanbul.
Özulucan, A. & Özdemir, F. S. (2010). Katılım Bankacılığı, Türkmen Kitabevi, İstanbul.

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description	Examination Method
Mid-Term Exam	1	50
Final Exam	1	50
TOTAL	2	100

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Define basic concepts related with banking, insurance and finance.						5
2	Relates the theoretical and practical knowledge in the field to economics, business, law, statistics, accounting and marketing					4

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Relate banking and insurance applications to financial theories, mathematical and statistical methods.					4
2	Relate the information and facts in the field with other social sciences such as law, sociology, philosophy and history.					4

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Explain the planning and implementation process in banking and insurance transactions.						5
2	Provide solutions for the problems encountered in banking and insurance transactions.					4

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Use theoretical and practical knowledge in the field of banking and insurance transactions.				3
2	By analyzing economic data accurately, manage savings and portfolio investments to minimize financial risks.					4

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	He/She works as a leader or a team member in a teamwork from the planning of the banking transactions to the implementation and performs the task assigned to them within the team.				3

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gain the basic knowledge necessary for the planning process of banking and insurance activities and human resources performance management.			2
2	Use the computer programs related with field in banking and insurance transactions.		1

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Cooperate to bring innovative ideas to the stakeholders in the sector using banking insurance-related databases, information and communication technologies.		1
2	Research on scientific, sectoral developments and innovations related to the field with lifelong learning as a principle.				3

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyze financial data related to his / her field.		1
2	Apply knowledge and skills related to his / her field by taking into account his legal, social and ethical responsibilities.						5

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	3	42
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	1	10	10
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	1	15	15
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	1	15	15
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	33	0	126