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The Palgrave Encyclopedia of Islamic Finance and Economics

This project covers more than 450 topics within Islamic finance and economics covering financial practices, financial institutions, and figures while also incorporating Islamic theology, history, and philosophy. It presents the historical theoretical framework as well as the modern and contemporary views for those conducting research on different aspects of the practices and products of Islamic finance and the integration of Islamic finance in the global economy. Overall, this two-volume set appeals to both Islamic finance and economics scholars alongside those covering development economics and developing markets.



Dr. Ustaoğlu is an professor of economics at Istanbul University, Turkey since March 2016. His research interests focus on the field of international economics and politics and Islamic economics and finance. He teaches undergraduate courses related to international and domestic financial markets, international trade policies and politics, trends in international markets, and innovation and developments of markets. 

Section Editor

Muhammet Sait BOZİK

Mr. Bozik earned a Bachelor's degree in Statistics from Çukurova University, a Master's degree from Istanbul University Institute of Social Sciences, and is currently pursuing his doctorate in economics. He has authored numerous articles and book chapters, including "Real interest rate and its impact on income inequality" and "The effects of participation and traditional banking on economic growth: Case of Turkey", "The merchant societies and usury", However, in Ancient Greece, the social costs of interest-bearing debt were a concern. The Assyrians and Babylonians also had a form of interest-bearing debt. 




Dr. Çakmak is a professor of international law at Anadolu University’s Department of International Relations (Faculty of Economics). He was a former visiting researcher at the TMC Asser Institute, The Hague, and a visiting scholar at the Max Planck Institute for Comparative Public Law and International Law, Heidelberg. He received his PhD in global affairs from Rutgers University.

Section Editor

Büşra ÇİL

Ms. Çil, after earning a Bachelor's degree in Industrial Engineering from Yıldız Technical University in 2019, Büşra Çil pursued a Master's degree from Istanbul University's Institute of Social Sciences. She is currently working towards a Doctoral degree at the same institute, with research interests centered around inequality, income distribution, corruption, institutionalization, and economic policy. Some of the author's notable publications include "Evaluation of Theoretical and Empirical Analysis Results in Savings Finance" and "Savings Finance: Historical Origins, Theory, and Practice." 

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