Course Name Code Semester T+U Hours Credit ECTS
Islamic Political Economy IEF 622 0 3 + 0 3 6
Precondition Courses
Recommended Optional Courses
Course Language Turkish
Course Level Doctorate Degree
Course Type Optional
Course Coordinator Prof.Dr. FATİH SAVAŞAN
Course Lecturers
Course Assistants
Course Category Field Proper Education
Course Objective

To define the scope and significance of Islamic Economics with special reference to the central problems of economic choice, whereupon the meeting points with, and departure points from, mainstream economics are critically appreciated;

Course Content

Scope and definition of Islamic political economy – Rationale for Islamic economics; Foundational basis of Islamic economics; Methodology of Islamic economics; Locating Islamic economics as a system; Institutions of the Islamic economic system;

# Course Learning Outcomes Teaching Methods Assessment Methods
1 The ability to identify Islamic economics as a unique system with its philosophical and institutional foundations Lecture, Question-Answer, Discussion, Testing, Oral Exam, Homework,
2 The ability to distinguish Islamic economic development targeting a just socio-economic order through the promotion of ethical values and the appropriate system Lecture, Question-Answer, Discussion, Testing, Oral Exam, Homework,
3 The ability to evaluate Islamic faith perspectives on economic organisation and behaviour Lecture, Question-Answer, Discussion, Testing, Oral Exam, Homework,
4 The ability to appreciate the differences between the ‘utopian’ Islamic moral economy and the contemporary Muslim economies and the practical nature of Islamic finance; Lecture, Question-Answer, Testing, Oral Exam,
5 The intellectual capacity to judge the extent to which certain Muslim economies can be considered models of Islamic economies Lecture, Question-Answer, Testing, Homework,
Week Course Topics Preliminary Preparation
Course Notes <p>Economics of an Islamic Economy - Rauf A. Azhar</p> <p>A Political Economy Approach to Islamic Economics: Systemic Understanding for an Alternative Economic System -Mehmet Asutay</p>
Course Resources

Economics of an Islamic Economy - Rauf A. Azhar

A Political Economy Approach to Islamic Economics: Systemic Understanding for an Alternative Economic System -Mehmet Asutay

Order Program Outcomes Level of Contribution
1 2 3 4 5
1 Having knowledge about Islamic moral understanding at academic level X
2 Having sufficient knowledge about basic concepts and methodology of Islamic law X
3 Having enough knowledge about Islamic commercial law X
4 Having enough knowledge and skills about economics and finance X
5 Ability to follow current developments in the global economy in the field of economics and finance X
6 To be able to make interdisciplinary academic studies between basic Islamic sciences and economics-finance sciences X
7 Be able to develop unique mechanisms and products in accordance with Islamic principles in the financial system X
8 New developments in economics and finance, explanation and interpretation from the perspective of Islamic morality and law X
9 To comply with ethical rules in the fields in which they are employed and in economic-commercial activities X
10 Ability to give academic work on at least one foreign language X
11 Having an understanding of the rights and benefits of all stakeholders of institutions X
12 Having the ability to use the necessary information technologies X
Evaluation System
Semester Studies Contribution Rate
1. Ödev 50
Total 50
1. Final 0
1. Yıl İçinin Başarıya 50
2. Final 0
Total 50
ECTS - Workload Activity Quantity Time (Hours) Total Workload (Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 3 48
Assignment 1 25 25
Final examination 1 30 30
Total Workload 151
Total Workload / 25 (Hours) 6.04
dersAKTSKredisi 6