Eğitim Bilgi Sistemi

Ders Bilgileri
Ders Tanımı
Ders Akışı
Dersin Prog. Çıktılarına Katkısı
Değerlendirme Sistemi
AKTS - İş Yükü

Ders Adı	Kodu	Yarıyıl	T+U Saat	Kredi	AKTS
Rısk Management In Islamıc Fınance	IEF 623	0	3 + 0	3	6

Ön Koşul Dersleri
Önerilen Seçmeli Dersler
Dersin Dili	Türkçe
Dersin Seviyesi	Doktora
Dersin Türü	Seçmeli
Dersin Koordinatörü	Doç.Dr. HAKAN ASLAN
Dersi Verenler
Dersin Yardımcıları	Res. Asst. Mücahit Özdemir
Dersin Kategorisi	Diğer
Dersin Amacı	The aim of this course is to learn the risks faced by financial institutions and to examine the types of risk specific to Islamic finance in detail
Dersin İçeriği	Types of risk faced by financial institutions, Islamic finance-specific risk types, BASEL regulations, risk management methods

#	Ders Öğrenme Çıktıları	Öğretim Yöntemleri	Ölçme Yöntemleri
1	The concepts related to risk and its types in finance	Lecture, Question-Answer, Discussion,	Testing, Oral Exam, Homework,
2	The risk types specific the Islamic finance	Lecture, Question-Answer, Discussion, Case Study, Self Study,	Testing, Oral Exam, Homework,
3	The risk management methods and products in Islamic finance	Lecture, Question-Answer, Discussion, Brain Storming, Case Study,	Testing, Oral Exam, Homework,

Hafta	Ders Konuları	Ön Hazırlık
1	Risk concept and its classification	Related part of the course materials
2	Types of risks financial institutions faced - 1	Related part of the course materials
3	Types of risks financial institutions faced - 2	Related part of the course materials
4	Regulations related to risk: BASEL	Related part of the course materials
5	Risk concept in Islam	Related part of the course materials
6	Types of general risks Islamic financial institutions faced	Related part of the course materials
7	Mid-term exam week	Related part of the course materials
8	Types of risks specific to Islamic finance - 1	Related part of the course materials
9	Types of risks specific to Islamic finance - 2	Related part of the course materials
10	Types of risks specific to Islamic finance - 3	Related part of the course materials
11	Types of risks specific to Islamic finance - 4	Related part of the course materials
12	Risk management methods in finance	Related part of the course materials
13	Risk management methods in Islamic finance	Related part of the course materials
14	Risk management products in Islamic finance	Related part of the course materials

Kaynaklar
Ders Notu
Ders Kaynakları	Ahmed, Habib (2011), “Risk Management Assessment Systems: An Application to Islamic Banks”, Islamic Economic Studies, 19 (1), 63-86. Ahmed, Habib and Tariqullah Khan (2007), "Risk Management in Islamic Banking", in M. Kabir Hassan and Mervyn K. Lewis (Editors), Handbook on Islamic Banking, Edward Elgar Publishers, Cheltenham (2007), 144-158. Ali, Salman Syed (2012), “State of Liquidity Management in Islamic Financial Institutions,” IRTI Working Paper Sereis WP# 1433-06, Islamic Research and Training Institute, Jeddah. Al-Suwailem, Sami Ibrahim (2006), Hedging in Islamic Finance, Occasional Paper No. 10, Islamic Research and Training Institute, Islamic Development Bank Group, Jeddah. [http://www.irtipms.org/PubDetE.asp?pub=217]. Al-Tamimi, Hussein A. Hassan and Faris Mohammed Al-Mazrooei (2007), “Banks' risk management: a comparison study of UAE national and foreign banks”, Journal of Risk Finance, 8 (4), 394-409. Archer, Simon and Rifaat Ahmed Abdel Karim (eds.) (2007), Islamic Finance: The Regulatory Challenge, John Wiley & Sons (Asia) Pte. Ltd., Singapore. Ariffin, Noraini Mohd, Simon Archer and Riffat Ahmed Abdel Karim (2009), “Risks in Islamic Banks: Evidence from empirical research”, Journal of Banking Regulation, 10 (2), 153-163. BCBS (2011), Basel III: A global regulatory framework for more resilient banks and banking systems, Basel Committee of Banking Supervision, http://www.bis.org/publ/bcbs189.pdf BCBS (2013), Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools, Basel Committee of Banking Supervision, http://www.bis.org/publ/bcbs238.pdf Cihak, Martin and Heiko Hesse (2010), “Islamic Banks and Financial Stability: An Empirical Analysis”, Journal of Financial Services Research, 38, 95-113. DeLorenzo, Shaykh Yusuf Talal (2007), “Shari’ah Compliant Risk”, Chicago Journal of International Law, 7 (2), 397-408. Djojosugito, Reza (2008), “Mitigating legal risk in Islamic banking operations”, Humanomics, 24 (2), 110-121. Grais, Wafik and Matteo Pellegrini (2006c), “Corporate Governance and Shariah Compliance in Institutions Offering Islamic Financial Services”, World Bank Policy Research Working Paper 4054. Greuning, Hennie Van and Zamir Iqbal (2008), Risk Analysis for Islamic Banks, The World Bank, Washington DC. IFSB (Islamic Financial Services Board) (2005a), Guiding Principles Of Risk Management for Institutions (Other Than Insurance Institutions) Offering Only Islamic Financial Services, Islamic Financial Services Board, http://www.ifsb.org/standard/ifsb1.pdf IFSB (2005b), Capital Adequacy Standard For Institutions (Other Than Insurance Institutions) Offering Only Islamic Financial Services, Islamic Financial Services Board, http://www.ifsb.org/standard/ifsb2.pdf IFSB (2009), Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services, Kuala Lumpur: Islamic Financial Services Board. IIRA (2006), Methodology for Shari’a Quality Rating, Islamic International Rating Agency, Bahrain. ISRA (2011), Islamic Financial System: Principles and Operations, International Shari’ah Research Academy for Islamic Finance, Kuala Lumpur. Khan, Tariqullah and Habib Ahmed (2002), Risk Management: An Analysis of Issues in Islamic Financial Industry, Islamic Research and Training Institute, Islamic Development Bank, Jeddah, Salem, Rania Abdelfattah (2013), Risk Management for Islamic Banks, Edinburgh University Press, Edinburgh. Sairally, Beebee Salma, Marjan Mohammad and Madaa Munjid Mustafa (2013), “Capital Adequacy Requirements under Basel III: A Shari’ah Perspective”, ISRA International Journal of Islamic Finance, 5 (1), 183-189. Siddiqi, Anjum (2008), “Financial Contracts, risk and performance of Islamic banking”, Managerial Finance, 34 (10), 680-694. Vento, Gianfranco A. and Pasquale La Ganga (2009), “Bank Liquidity Risk Management and Supervision: Which Lessons fron Recent Market Turmoil, Journal of Money, Investment and Banking, 10, 78-125

Kaynaklar

Ders Notu

Ders Kaynakları

Ahmed, Habib (2011), “Risk Management Assessment Systems: An Application to Islamic Banks”, Islamic Economic Studies, 19 (1), 63-86.

Ahmed, Habib and Tariqullah Khan (2007), "Risk Management in Islamic Banking", in M. Kabir Hassan and Mervyn K. Lewis (Editors), Handbook on Islamic Banking, Edward Elgar Publishers, Cheltenham (2007), 144-158.

Ali, Salman Syed (2012), “State of Liquidity Management in Islamic Financial Institutions,” IRTI Working Paper Sereis WP# 1433-06, Islamic Research and Training Institute, Jeddah.
Al-Suwailem, Sami Ibrahim (2006), Hedging in Islamic Finance, Occasional Paper No. 10, Islamic Research and Training Institute, Islamic Development Bank Group, Jeddah. [http://www.irtipms.org/PubDetE.asp?pub=217].
Al-Tamimi, Hussein A. Hassan and Faris Mohammed Al-Mazrooei (2007), “Banks' risk management: a comparison study of UAE national and foreign banks”, Journal of Risk Finance, 8 (4), 394-409.
Archer, Simon and Rifaat Ahmed Abdel Karim (eds.) (2007), Islamic Finance: The Regulatory Challenge, John Wiley & Sons (Asia) Pte. Ltd., Singapore.
Ariffin, Noraini Mohd, Simon Archer and Riffat Ahmed Abdel Karim (2009), “Risks in Islamic Banks: Evidence from empirical research”, Journal of Banking Regulation, 10 (2), 153-163.
BCBS (2011), Basel III: A global regulatory framework for more resilient banks and banking systems, Basel Committee of Banking Supervision, http://www.bis.org/publ/bcbs189.pdf
BCBS (2013), Basel III: The Liquidity Coverage Ratio and liquidity risk monitoring tools, Basel Committee of Banking Supervision, http://www.bis.org/publ/bcbs238.pdf

Cihak, Martin and Heiko Hesse (2010), “Islamic Banks and Financial Stability: An Empirical Analysis”, Journal of Financial Services Research, 38, 95-113.
DeLorenzo, Shaykh Yusuf Talal (2007), “Shari’ah Compliant Risk”, Chicago Journal of International Law, 7 (2), 397-408.
Djojosugito, Reza (2008), “Mitigating legal risk in Islamic banking operations”, Humanomics, 24 (2), 110-121.

Grais, Wafik and Matteo Pellegrini (2006c), “Corporate Governance and Shariah Compliance in Institutions Offering Islamic Financial Services”, World Bank Policy Research Working Paper 4054.
Greuning, Hennie Van and Zamir Iqbal (2008), Risk Analysis for Islamic Banks, The World Bank, Washington DC.
IFSB (Islamic Financial Services Board) (2005a), Guiding Principles Of Risk Management for Institutions (Other Than Insurance Institutions) Offering Only Islamic Financial Services, Islamic Financial Services Board, http://www.ifsb.org/standard/ifsb1.pdf
IFSB (2005b), Capital Adequacy Standard For Institutions (Other Than Insurance Institutions) Offering Only Islamic Financial Services, Islamic Financial Services Board, http://www.ifsb.org/standard/ifsb2.pdf
IFSB (2009), Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services, Kuala Lumpur: Islamic Financial Services Board.
IIRA (2006), Methodology for Shari’a Quality Rating, Islamic International Rating Agency, Bahrain.

ISRA (2011), Islamic Financial System: Principles and Operations, International Shari’ah Research Academy for Islamic Finance, Kuala Lumpur.
Khan, Tariqullah and Habib Ahmed (2002), Risk Management: An Analysis of Issues in Islamic Financial Industry, Islamic Research and Training Institute, Islamic Development Bank, Jeddah,
Salem, Rania Abdelfattah (2013), Risk Management for Islamic Banks, Edinburgh University Press, Edinburgh.
Sairally, Beebee Salma, Marjan Mohammad and Madaa Munjid Mustafa (2013), “Capital Adequacy Requirements under Basel III: A Shari’ah Perspective”, ISRA International Journal of Islamic Finance, 5 (1), 183-189.
Siddiqi, Anjum (2008), “Financial Contracts, risk and performance of Islamic banking”, Managerial Finance, 34 (10), 680-694.
Vento, Gianfranco A. and Pasquale La Ganga (2009), “Bank Liquidity Risk Management and Supervision: Which Lessons fron Recent Market Turmoil, Journal of Money, Investment and Banking, 10, 78-125

Sıra	Program Çıktıları	Katkı Düzeyi
Sıra	Program Çıktıları	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

#	Ders Öğrenme Çıktılarının Program Çıktılarına Katkısı	PÇ 1	PÇ 2	PÇ 3	PÇ 4	PÇ 5	PÇ 6	PÇ 7	PÇ 8	PÇ 9	PÇ 10	PÇ 11	PÇ 12
1	The concepts related to risk and its types in finance
2	The risk types specific the Islamic finance
3	The risk management methods and products in Islamic finance

Değerlendirme Sistemi
Yarıyıl Çalışmaları	Katkı Oranı
1. Ödev	20
Toplam	20
1. Yıl İçinin Başarıya	50
1. Final	50
Toplam	100

AKTS - İş Yükü Etkinlik	Sayı	Süre (Saat)	Toplam İş Yükü (Saat)
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	4	4
Performance Task (Seminar)	1	20	20
Final examination	1	30	30
Toplam İş Yükü			150
Toplam İş Yükü / 25 (Saat)			6
dersAKTSKredisi			6

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