Türkiye'de İslami bankacılığın etkinliği

Islam is complete code of life. It provides guidance to its followers in each field of life. It has its own educational, judicial, social and economic systems, and requires its believers to lead their lives accordingly. One of the important components of Islam is its financial system. Islamic financial system is unique in the sense that it provides guidance not only on the economic aspect but also covers the moral and ethical aspect of the transactions. Banking system is crucial constituent of any financial system. Islam recognizes the importance of banking and requires that the banking system must adhere to the principles of Islam. This thesis is written to show the development of Islamic finance and banking in Turkey, and to analyze which banking sector (Islamic/Conventional) is more efficient. The thesis consists of three chapters, the first chapter of the thesis answers two questions; what is Islamic finance and what are the modes of Islamic banking and finance. The Islamic modes of finance for retail, partnership and enterprises are explored with the capital market products of Islamic finance. The second chapter is about the development of Islamic finance and banking in Turkey, 4 participation banks with their products and services are explained in this chapter. This chapter also focuses on social responsibilities of the participation banks and their contribution to the Turkish economy. In chapter three of the thesis, DEA Data Envelopment Analysis model is used to measure the efficiency level of both sectors. Data from 3 participation banks and 26 conventional banks are used between 2010-2015. In the study, it was found out that participating banks in Turkey are more efficient than conventional banks for the period. Anahtar kelimeler: İslami finans, katılım bankacılığı, Türkiye'de İslami finans, İslamibankacılık.