Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركي

Within the global financial system, Islamic banks have a small but growing share, and today they have become an integral part of the global financial system. Islamic banks in the world have been operating according to interest-free financing techniques, which are mainly developed on sharing of profi...

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Main Author: Mesut Cevher
Format: Article
Language:Arabic
Published: University of Haripur 2018-06-01
Series:Journal of Islamic and Religious Studies
Subjects:
Online Access:http://www.uoh.edu.pk/jirs/article-download.php?file=s2e4n2a4y2z3m3m4j4c4y3n3e4q2s4k4e484j4p5k5l2e314h4q5a4g4k5s2t4l4r265z5x5g4o5m4h4l2r4b4u5a4s534g484j4y3r3x4o4z564f4t2m4k5n5
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author Mesut Cevher
author_facet Mesut Cevher
author_sort Mesut Cevher
collection DOAJ
description Within the global financial system, Islamic banks have a small but growing share, and today they have become an integral part of the global financial system. Islamic banks in the world have been operating according to interest-free financing techniques, which are mainly developed on sharing of profits and losses in accordance with the difference principles between purchase and sale. However, the presentation of financial products in Turkey is conducted by ‘participation banks’ operating according to Islamic rules. Participation banks play a vital role in economic development by gaining the unused funds to the economy. This study will examine the performance of the participation banks operating in Turkey and their increasing share in the Turkish finance sector will be assessed. The work sheet will contain three demands: First: Islamic banks and the difference between them and the definition of riba-based banks. Second: The history of Islamic banks in Turkey. Third: The role of Islamic banks in the sustainable development of the Turkish economy.
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spelling doaj.art-28e5abda3dae406bb60c981cbf39d8b22022-12-21T20:56:04ZaraUniversity of HaripurJournal of Islamic and Religious Studies2518-53302519-71182018-06-0131496110.12816/0048287Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركيMesut Cevher0Associate Professor, Faculty of Islamic Science, TURKIYE Kırıkkale University - Main Campus, Kırıkkale, TurkeyWithin the global financial system, Islamic banks have a small but growing share, and today they have become an integral part of the global financial system. Islamic banks in the world have been operating according to interest-free financing techniques, which are mainly developed on sharing of profits and losses in accordance with the difference principles between purchase and sale. However, the presentation of financial products in Turkey is conducted by ‘participation banks’ operating according to Islamic rules. Participation banks play a vital role in economic development by gaining the unused funds to the economy. This study will examine the performance of the participation banks operating in Turkey and their increasing share in the Turkish finance sector will be assessed. The work sheet will contain three demands: First: Islamic banks and the difference between them and the definition of riba-based banks. Second: The history of Islamic banks in Turkey. Third: The role of Islamic banks in the sustainable development of the Turkish economy.http://www.uoh.edu.pk/jirs/article-download.php?file=s2e4n2a4y2z3m3m4j4c4y3n3e4q2s4k4e484j4p5k5l2e314h4q5a4g4k5s2t4l4r265z5x5g4o5m4h4l2r4b4u5a4s534g484j4y3r3x4o4z564f4t2m4k5n5Islamic bankingeconomicparticipation banking. الكلمات المفتاحية: المصرفية الإسلامية، الاقتصاد، بنوك المشاركة
spellingShingle Mesut Cevher
Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركي
Journal of Islamic and Religious Studies
Islamic banking
economic
participation banking. الكلمات المفتاحية: المصرفية الإسلامية، الاقتصاد، بنوك المشاركة
title Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركي
title_full Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركي
title_fullStr Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركي
title_full_unstemmed Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركي
title_short Role of Islamic Banking in Turkish Financial System=البنوك الإسلامية ودورها في الاقتصاد التركي
title_sort role of islamic banking in turkish financial system البنوك الإسلامية ودورها في الاقتصاد التركي
topic Islamic banking
economic
participation banking. الكلمات المفتاحية: المصرفية الإسلامية، الاقتصاد، بنوك المشاركة
url http://www.uoh.edu.pk/jirs/article-download.php?file=s2e4n2a4y2z3m3m4j4c4y3n3e4q2s4k4e484j4p5k5l2e314h4q5a4g4k5s2t4l4r265z5x5g4o5m4h4l2r4b4u5a4s534g484j4y3r3x4o4z564f4t2m4k5n5
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