Participative Banking in Turkey

Ibrahim Zeyyad Cekici

Chapter Chapter 12 in Islamic Finance in Europe, 2019, pp 291-316 from Palgrave Macmillan

Abstract: Abstract The Islamic finance has an old existence in Turkey. Naturally spread under Ottoman Empire, it had disappeared between the promulgation of the Republic (1923) and the 1980s. Indeed, Islamic Banks were called “specialized financial institutions”. But, the Turkish Banking Law (2005) has changed its name to “Participative Bank”, and this law rules all their activities like investment account, deposit, credit and card. In order to highlight their specificities, this chapter exposes not only the different legal rules defined by Turkish Law but also the content of different contracts concluded by Participative Bank.

Keywords: Islamic finance; Turkey; Islamic banking; Participative banks; Islamic credit; Islamic mortgage (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psibcp:978-3-030-04094-9_12

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030040949

DOI: 10.1007/978-3-030-04094-9_12

Access Statistics for this chapter

More chapters in Palgrave Studies in Islamic Banking, Finance and Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().