Islamic Economics Workshop II
Islamic Economy and Market
5 April 2014 Saturday to 6 April 2014 Sunday
Istanbul Sehir University

At the workshop held on March 2-3, 2013 in Istanbul on "Basic Concepts and Ideas", discussions were held on the evaluation of the studies on Islamic economics so far and how the field of "Islamic Economy" should ideally be framed. In this workshop, it was stated that the "Islamic Economy" should also work in micro and macro economics and theories should be produced in order to produce a global economic system.

In this context, the year 2014 workshop was organized around the concept of ‘market’, a basic and symbolic concept of the current economic system. Thus, it aimed to discuss the market concept or institution which is the cornerstone of the capitalist economic system from the Islamic economic perspective. Some of the topics discussed in the workshop are listed below.

1. Islamic economy and free market

2. Socialist debates in Islamic economics

3. Prosperity, distribution and justice

4. How should the markets be classified in terms of Islamic economics?

5. How should the market function in an Islamic economy?

6. Market instruments in Islamic economics

7. "Market" institutions in Islamic economics

8. What should be the transition from current market institutions to the market conditions of Islamic economics?

Program

April 05, 2014 Saturday

Opening Program 09:00-10:00
Keynote Speaker Sabri Orman, CBRT
Rethinking Market in Islamic Economy

First Session 10:15-12:15
Chair: Coşkun Çakır, İstanbul Şehir Üniversitesi
Valentino Cattelan, Oxford University
Islamic Economics: Justice, Identity and Pluralism in Market Economy Theory
Discussant: Mehmet Babacan, İstanbul Commerce University

Mahyudin Ahmad,University of Technology Mara
Rethinking Market Institutions from the Perspective of Islamic Moral Economy:A Proposal for Hisbah-based Islamic Market Institution
Discussant: Lokman Gündüz, TCMB

Second Session 13:30-15:30
Chair: Lütfi Sunar, İstanbul University
Mehmet Nuri Güler, Harran University
The Constituion Economy and Social Market Governed by Islamic Regulations
Discussant: Ekrem Erdem, Erciyes University

Ali Fidan, Çukurova University
From Islam of Market to Market of Islam
Discussant: Abdullah Durmuş, İstanbul University

Third Session 16:00-18:00
Chair: Erkan Erdemir, İstanbul Şehir University
Aliakbar Jafari, University of Stratchlyde & Özlem Sandıkçı, İstanbul Şehir University
Consumers’ Rights, Justice, and Sustainable Development of Markets
Discussant: Bayram Zafer Erdoğan, Anadolu University

Mansour Yeganeh, Tehran University
Investigation into Relationship between Socio-Economic Values and Architectural Features in Traditional Bazaars of Islamic Cites
Discussant: Faruk Bal, İstanbul Medeniyet University

April 06, 2014 Sunday

Fourth Session 09:00-11:00
Chair: Gülfettin Çelik, İstanbul Medeniyet Üniversitesi
Bilal Ahmed Qazi, NAFA İslamic Mutual Funds
Shariah Rulings of Price Intervention (Tas’eer) and its Contemporary Applications
Discussant: Suna Akten Çürük, KTO Karatay University

Akhmad Affandi Mahfudz, Utara Malaysia University
Issues in Regulating Free Market in Islamic Economics Some Essential Notes on Maqhasid Sharia Implication
Discussant: Necmeddin Güney, Necmettin Erbakan University

Fifth Session 11:20-13:00
Chair: Nihat Erdoğmuş, İstanbul Şehir University
Ahmet Faruk Aysan, Bogazici University, Mustafa Disli,Ghent University, Huseyin Ozturk, University of Leicester, M. Ibrahim Turhan, Borsa İstanbul
Are Islamic Banks Subject to Depositor Discipline
Discussant: Muhammed Abdullah Şahin, İstanbul Şehir University

Seda Demiralp,Işık University
The Rational Islamic Actor Evidence from Islamic Banking
Discussant: Nurullah Gür, İstanbul Commerce University

Closing Session: 13:00-13:40

Committees
Organizing Committee
  • Lütfi Sunar, İstanbul Üniversitesi
  • Nihat Erdoğmuş, İstanbul Şehir Üniversitesi
  • Necmettin Kızılkaya, İstanbul Üniversitesi
  • Taha Eğri, İstanbul Üniversitesi
  • Şükrü Alkan, İktisadi Girişim ve İş Ahlakı Derneği (İGİAD)
  • Davut Şanver, İLKE İlim Kültür Eğitim Derneği
  • Süleyman Güder, İLKE İlim Kültür Eğitim Derneği
  • Oğuz Karasu, İLKE İlim Kültür Eğitim Derneği
  • Merve Çakar, İlmi Etüdler Derneği (İLEM)
Scientific Advisory Board
  • Abdulazeem Abozaid, Dr., Emirates Islamic Bank
  • Abdullah Durmuş, Yrd. Doç. Dr., Akdeniz Üniversitesi, İlahiyat Fakültesi
  • Adem Esen, Prof. Dr., Sebahattin Zaim Üniversitesi, İktisat Bölümü
  • Ahmet Faruk Aysan, Doç. Dr., Boğaziçi Üniversitesi, İktisat Bölümü
  • Asad Zaman, Prof. Dr., Uluslararası İslam Üniversitesi, Uluslarası İslam Ekonomisi Enstitüsü
  • Celali Yılmaz, Doç. Dr., SPK
  • Cengiz Kallek, Prof. Dr., İstanbul Şehir Üniversitesi, Tarih Bölümü
  • Erkan Erdemir, Doç. Dr., İstanbul Şehir Üniversitesi, İşletme Bölümü
  • Fahim Khan, Prof. Dr., Riphah Center of Islamic Business
  • Feridun Yılmaz, Prof. Dr., Uludağ Üniversitesi, İktisat Bölümü
  • Gülfettin Çelik, Prof. Dr., İstanbul Medeniyet Üniversitesi, İktisat Bölümü
  • Haluk Songür, Doç. Dr., Süleyman Demirel Üniversitesi, İlahiyat Fakültesi
  • İsmail Eriş, Öğr. Gör., Marmara Üniversitesi, İlahiyat Fakültesi
  • Lütfi Sunar, Yrd. Doç. Dr.,İstanbul Üniversitesi, Sosyoloji Bölümü
  • Mahmut Bilen, Doç. Dr.,Sakarya Üniversitesi, İktisat Bölümü
  • Masudul Alam Choudhury, Prof. Dr., Sultan Qaboos University, Ekonomi ve Finans Bölümü
  • Mehmet Babacan, Yrd. Doç. Dr., İstanbul Ticaret Üniversitesi, İktisat Bölümü
  • Mehmet Saraç, Doç. Dr., Sakarya Üniversitesi, İşletme Bölümü
  • M. Abdullah Şahin, Yrd. Doç. Dr. , İstanbul Şehir Üniversitesi, Uluslararası Ticaret ve İşletmecilik Bölümü
  • Murat Çokgezen, Prof. Dr., Marmara Üniversitesi, İktisat Bölümü
  • Murat Taşdemir, Doç. Dr., Medeniyet Üniversitesi, İktisat Bölümü
  • Necdet Şensoy, Prof. Dr., TCMB
  • Necmettin Kızılkaya, Yrd. Doç. Dr., İstanbul Üniversitesi, İlahiyat Fakültesi
  • Nihat Erdoğmuş, Prof. Dr., İstanbul Şehir Üniversitesi, Uluslararası Ticaret ve İşletmecilik Bölümü
  • Sabri Orman, Prof. Dr., TCMB
  • Tamer Çetin, Doç. Dr., Yıldız Teknik Üniversitesi, İktisat Bölümü
  • Yusuf Alpaydın, Dr., MEB
Organizing Institutions