Credit-related practices of Islamic banks in comparison with theory : case study of Turkey
Author
Source
International Journal of Islamic Economics and Finance Studies
Issue
Vol. 1, Issue 2 (31 Dec. 2015), pp.39-60, 22 p.
Publisher
Centre of Political Economical and Social Research
Publication Date
2015-12-31
Country of Publication
Turkey
No. of Pages
22
Main Subjects
Abstract EN
The aim of this paper is to analyse credit-related practices of Islamic banks in Turkey in comparison with theory.
Here, ‘credit-related practices’ are, first, the bank balance sheet item called ‘loans’ in general, and second, loans in terms of their types.
By ‘theory’ we mean Islamic economics.
In attaining the aim of this paper, we use comparative methodology depending on quantitative and qualitative research.
In this context, we utilize quantitative methods like collecting calculating and representing -through figures and charts- relevant data, and qualitative methods such as searching through, selecting, summarizing and evaluating relevant literature and documents like agreements and reports concerning the subject.
Some of the outstanding results of this paper are as follows; loans are the dominant use of funds for Turkish Islamic banks with changing ratios between 60- 75% for the period of December 2005-June 2015 and the main method used for loans is murabahah with 99.7% as of June 2015.
Secondly, 91% of household loans are in the form of consumer credits as of June 2015, among which house loans are sweepingly dominant.
Credits by individual credit cards have been on the increase until the second half of 2013.
American Psychological Association (APA)
Astrom, Z. Hafsah Orhan. 2015. Credit-related practices of Islamic banks in comparison with theory : case study of Turkey. International Journal of Islamic Economics and Finance Studies،Vol. 1, no. 2, pp.39-60.
https://search.emarefa.net/detail/BIM-796885
Modern Language Association (MLA)
Astrom, Z. Hafsah Orhan. Credit-related practices of Islamic banks in comparison with theory : case study of Turkey. International Journal of Islamic Economics and Finance Studies Vol. 1, no. 2 (2015), pp.39-60.
https://search.emarefa.net/detail/BIM-796885
American Medical Association (AMA)
Astrom, Z. Hafsah Orhan. Credit-related practices of Islamic banks in comparison with theory : case study of Turkey. International Journal of Islamic Economics and Finance Studies. 2015. Vol. 1, no. 2, pp.39-60.
https://search.emarefa.net/detail/BIM-796885
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 57-60
Record ID
BIM-796885