Overview

Islamic economics and finance, with its theoretical and practical aspects, reveals how economic activities can be carried out within the framework of Shari'ah principles. In this respect, unlike the current economic system, which causes problems such as excessive financialization, unrequited value production and unequal distribution of wealth and produces crises, Islamic economics envisages a stable economic structure based on real economy and away from excessive uncertainty and risk, in which wealth is shared fairly.

About the program

One aim of the Islamic Economics and Finance program at Istanbul Sabahattin Zaim University is to contribute to the professional experience of professionals who are still working in participation banks and interest-free banking.

In this context, the program includes courses on Islamic economics, basic fiqh knowledge on economic and financial issues, interest-free banking, comparative characteristics of traditional and participation banks, and scientific research methods.

Programme Structure

Courses include:

Advanced Islamic Economy
International Economics
Methodology of Islamic Law
Turkish Economy
Advanced Islamic Commercial Law
History of Finance and Business Partnerships
Islamic Economic Thought and History
Non-Interest Financial Institutions and Instruments
International Islamic Banking
Modern Economic Systems and Islamic Economics
Participation Banking Marketing
Islamic Capital Markets

Key information

Duration

Full-time
- 48 months

Start dates & application deadlines

Starting 2025-02-06 00:00:00
- Apply before 2025-01-06 00:00:00

Language

English

TOEFL^® IBT

84

Credits

240 ECTS

Delivered

On Campus

Disciplines

Economics Finance Islamic Studies View 8 other PhDs in Economics in Turkey

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

TOEFL^® IBT

84

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

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Other requirements

General requirements

Be a graduate of Masters' program with thesis
Turkish citizens should submit ALES score, which should be above 55 in any grading criteria
Candidates should pass the entrance exam
Candidates should submit proficiency for English language, as for YDS veya YÖKDİL they should have test score minimum 70 points or other English proficiency exams which are accepted by ÖSYM (i.e. TOEFL-IBT 84).

Tuition Fee

To always see correct tuition fees

International

8000 USD/year

Tuition Fee

Based on the tuition of 8000 USD per year during 48 months.
National

8000 USD/year

Tuition Fee

Based on the tuition of 8000 USD per year during 48 months.

Living costs for Istanbul

2000 - 3240 TRY /month

Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

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Scholarships Information

Below you will find PhD's scholarship opportunities for Islamic Economics and Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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