Reel Ekonomiye Katkıları Bakımından Katılım Bankalarının Kullandırdığı Fonların Analizi (Analysis of Allocated Funds of Participation Banks in Terms of Contribution to Real Economy)

Ekonomi Bilimleri Dergisi, Cilt 3, No 2, 2011

13 Pages Posted: 26 Nov 2012

See all articles by Osman Nuri Aras

Osman Nuri Aras

Nile University of Nigeria

Mustafa Öztürk

International Trade

Date Written: 2011

Abstract

Participation banks have been operating as a third kind of banks as well as deposit banks and development/investment banks in Turkish Banking System since 1985. Participation banks are operating according to Islamic principles. Therefore, they do not use interest in collecting and utilizing funds processes instead use profit/loss sharing model in these processes. The amount of allocated funds by participation banks and the share of participation banks in allocated funds have increased in the banking sector especially since 2002. The profıt/loss method that is one of the methods on allocated funds by participation banks in the banking sector is the most important method contribution to the real economy. Nevertheless, the share of allocated funds on the basis of the profıt/loss method is very low in the total allocated funds. In this case shows that participation banks despite of passing 30 years after its founding could not provide yet the expected contribution to the real sector of Turkish economy.

Note: Downloadable document is in Turkish.

Keywords: Interest-Free Banking, Participation Banking, Amount of Allocated Funds, Structure of Allocated Funds

JEL Classification: G20, G21, G23, G29

Suggested Citation

Aras, Osman Nuri and Öztürk, Mustafa, Reel Ekonomiye Katkıları Bakımından Katılım Bankalarının Kullandırdığı Fonların Analizi (Analysis of Allocated Funds of Participation Banks in Terms of Contribution to Real Economy) (2011). Ekonomi Bilimleri Dergisi, Cilt 3, No 2, 2011. Available at SSRN: https://ssrn.com/abstract=2180756

Osman Nuri Aras (Contact Author)

Nile University of Nigeria ( email )

Abuja
Nigeria

Mustafa Öztürk

International Trade

Istanbul
Turkey

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