From the Past to the Present the General Situation of Islamic Banking in the World and Turkey

Küçük Resim Yok

Tarih

2017

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Karabuk Univ

Erişim Hakkı

info:eu-repo/semantics/openAccess

Özet

The global financial crisis that emerged in the US in 2008 rekindled the debate on capitalism. The efforts of large-capitalist banks to shake up and save the states with their big-budget institutions have made the free-market economy or capitalism, once more controversial. These controversies that took place in that period are also handled in intellectual dimensions, and Karl Marx's famous work Das Capital broke sales records. While the critique of capitalism is made especially in the context of Marxist literature, there is another alternative into the mainstream economics: Islamic economics. The term of Islamic economics was firstly used by Seyyid Ebu'l-A'la Mevdudi (1903-1979). In fact, Islamic economics was born as a reaction to mainstream economics, with being a modern concept introduced in the 1960s. This new approach has been specifically addressed by Indian Muslims. In other words, if we are talking about Islamic economics as an independent discipline today, it is a great need for the supremacy of the West to get into the economics and for Muslims to benefit from this discipline to overcome it. The main sources of the Islamic economics are the Qur'an and Sunnah, the main sources of Islam. And also, ijma' and qiyas can be thought as sources of Islam. In this article, firstly, to be able to understand the background of the subject we will reveal emergence conditions of Islamic banks by giving in the chronological order. We will present the magnitudes of Islamic banking in the world today by comparing it with the general banking system (conventional banks). After analyzing the global general situation of Islamic banking, we will analyze the history of Islamic banking in Turkey and its share in the sectoral and domestic banking system in the world.

Açıklama

Anahtar Kelimeler

Islamic banking, The global Islamic banking, Turkish participation banks

Kaynak

Tarih Kültür Ve Sanat Araştırmaları Dergisi-Journal of History Culture and Art Research

WoS Q Değeri

N/A

Scopus Q Değeri

Cilt

6

Sayı

4

Künye