An Outlook onto the Interest-Free Housing Financing Systems in Turkey through the Financial Legal Stratagems Axis

Name: An Outlook onto the Interest-Free Housing Financing Systems in Turkey through the Financial Legal Stratagems Axis
Author: Sefer Korkmaz

İsim	An Outlook onto the Interest-Free Housing Financing Systems in Turkey through the Financial Legal Stratagems Axis
Yazar	Sefer Korkmaz
Konu	Housing, Participation
Tür	Kitap
Dil	Arapça
Dijital	Evet
Yazma	Hayır
Kütüphane:	Danimarka Kraliyet Kütüphanesi
Demirbaş Numarası	EISSN: 2717-6967, DOI: 10.26650/iuitd.2021.871746
Kayıt Numarası	cdi_doaj_primary_oai_doaj_org_article_90af274a935c4babbd5046a025f312e2
Lokasyon	DOAJ Directory of Open Access Journals
Notlar	Financial legal stratagems have continued to be one of the areas of preoccupation of the fuqahā since the early stages of the substantive fiqh stratagem. These stratagems aim to find a legitimate solution to the interest ban by associating a loan contract with an exchange contract. These stratagems, which took an institutional guise during the Ottoman period, have preserved their actual value until today. This study, tried to prove that the activities of some of today’s interest-free financial institutions in the context of housing finance are largely based on the same financial stratagems. What makes our study different is that, contrary to the negative attitude in current academic studies, these stratagems can be a very functional solution to the interest prohibition when they are implemented with a good institutional mechanism. The stratagems of participating banksand savings institutions in the field of housing finance, which operate primarily in Turkey and have a wide place in the society; were examined to make a concrete claim. Then, current evaluations of these stratagems were discussed. Finally, some solutions were proposed by pointing out the potential functionality of fiscal methods for providing interest-free financing.
Görüntüle	İslam tetkikleri dergisi, 2021-03, Vol.11 (1), p.309-328

Kaynağa git Danimarka Kraliyet Kütüphanesi

Danimarka Kraliyet Kütüphanesi

An Outlook onto the Interest-Free Housing Financing Systems in Turkey through the Financial Legal Stratagems Axis

Yazar Sefer Korkmaz

Konu Housing, Participation

Tür Kitap

Dil Arapça

Dijital Evet

Yazma Hayır

Kütüphane Danimarka Kraliyet Kütüphanesi

Demirbaş Numarası EISSN: 2717-6967, DOI: 10.26650/iuitd.2021.871746

Kayıt Numarası cdi_doaj_primary_oai_doaj_org_article_90af274a935c4babbd5046a025f312e2

Lokasyon DOAJ Directory of Open Access Journals

Notlar Financial legal stratagems have continued to be one of the areas of preoccupation of the fuqahā since the early stages of the substantive fiqh stratagem. These stratagems aim to find a legitimate solution to the interest ban by associating a loan contract with an exchange contract. These stratagems, which took an institutional guise during the Ottoman period, have preserved their actual value until today. This study, tried to prove that the activities of some of today’s interest-free financial institutions in the context of housing finance are largely based on the same financial stratagems. What makes our study different is that, contrary to the negative attitude in current academic studies, these stratagems can be a very functional solution to the interest prohibition when they are implemented with a good institutional mechanism. The stratagems of participating banksand savings institutions in the field of housing finance, which operate primarily in Turkey and have a wide place in the society; were examined to make a concrete claim. Then, current evaluations of these stratagems were discussed. Finally, some solutions were proposed by pointing out the potential functionality of fiscal methods for providing interest-free financing.

Görüntüle İslam tetkikleri dergisi, 2021-03, Vol.11 (1), p.309-328