TÜRK KATILIM BANKALARININ FON KAYNAKLARINI ETKİLEYEN FAKTÖRLER VE BU BANKALARIN KLASİK BANKALARLA İLİŞKİLERİ ÜZERİNE BİR UYGULAMA
Abstract
Katılım bankalarının kullandıkları yöntemler gereği
faiz oranı riskine maruz kalmadıkları düşünülebilir. Ancak ikili bankacılık
sisteminde aynı iktisadî çevre ve benzer müşteri profili nedeniyle faizsiz
bankalar diğer risklerle birlikte faiz oranı riskine de maruz kalmaktadır. Bu
nedenle klasik bankalarla rekabet halinde olan faizsiz bankalar kâr payı
oranlarını faiz oranlarına yakın tutmaya çalışır. Bu çalışmada Türkiye’de
katılım bankalarının fon kaynaklarının belirleyicileri 2005-2013 dönemi için
Johansen eş-bütünleşme yöntemi ile analiz edilmektedir. Elde edilen bulgulara
göre, faiz oranı ve kâr payı oranı arasında pozitif yönde bir ilişki olduğu
görülmüştür. Ayrıca hem kâr payının hem de faiz oranının katılım bankalarının
katılım fonlarını etkilediği sonucuna da ulaşılmıştır. Bu bulgu katılım
bankaları ile klasik bankalar arasında bir etkileşim olduğunu ima etmektedir.
Keywords
References
- ADEBOLA, Solarin Sakiru; Wan Sulaiman Wan YUSOFF and Jauhari DAHALAN; (2011), “The Impact of Macroeconomic Variables on Islamic Banks Financing in Malaysia”, Research Journal of Finance and Accounting, 2(4), pp. 22-33.
- AKIN, Cihangir; (1986), Faizsiz Bankacılık ve Kalkınma, İstanbul: Kayıhan Yayınları.
- ARISS, Rima Turk; (2010), Competitive Conditions in Islamic and Conventional Banking: A Global Perspective, Review of Islamic Economics, 19(3), pp. 101-108.
- ARSLAN, Bengul Gulumser and Etem Hakan ERGEC; (2010), “The Efficiency of Participation and Conventional Banks in Turkey: Using Data Envelopment Analysis”, International Research Journal of Finance and Economics, 57, pp. 156-167.
- ASTERIOU, Dimitrios and Stephen G HALL; (2007), Applied Econometrics, New York: Palgrave, Macmillan.
- BACHA, Obiyathulla I.; (2004), Dual Banking Systems and Interest Rate Risk for Islamic Banks, Munich Personal RePEc Archive, No: 12763.
- ENDERS, Walter; (1995), Applied Econometric Time Series, New York: John Wiley&Sons Inc.
- ERDEM, Ekrem; (2010), Para Banka ve Finansal Sistem, Ankara: Detay Yayıncılık.
- ERGEÇ, Etem Hakan and Bengül Gülümser ARSLAN;(2013), “Impact of Interest Rates on Islamic and Conventional Banks: The Case of Turkey”, Applied Economics, 45(17), pp. 2381-2388.
- FAVERO, Carlo A.; (2001), Applied Macroeconometrics, Oxford: Oxford University Press.
- GÜL, Mustafa Emin; (2013), “Faizsiz Bankacılıkta Risklere Karşı Aktif ve Pasif Yönetimi: Türkiye Katılım Bankaları Üzerine Bir Uygulama”, Yayımlanmamış Yüksek Lisans Tezi, Kayseri: Erciyes Üniversitesi Sosyal Bilimler Enstitüsü.
- HARON, Sudin and Norafifah AHMAD; (2000), “The Effects of Conventional Interest Rates and Rate of Profit on Funds Deposited with Islamic Banking System in Malaysia”, International Journal of Islamic Financial Services, 1(4), pp. 3-10.
- HARON, Sudin and Bala SHANMUGAM; (1995), “The Effect of Rates of Profit on Islamic Bank’s Deposits: A Note”, Journal of Islamic Banking and Finance, 12(2), pp. 18-28.
- HOW, Janice CY; Melina Abdul KARIM and Peter VERHOEVEN; (2005), “Islamic Financing and Bank Risks: The Case of Malaysia”, Thunderbird International Business Review, 47(1), pp. 75-94.
- ABDUL KADER, Radiah and Kok Leong YAP; (2009), “The Impact of Interest Rate Changes on Islamic Bank Financing”, International Review of Business Research Papers, 5(3), 189-201.
- KADILAR, Cem; (2000),Uygulamalı Çok Değişkenli Zaman Serileri Analizi, Ankara: Bizim Büro Yayınevi.
- ZAINOL, Zairy and Salina KASSIM; (2010), “An Analysis of Islamic Banks’ Exposure to Rate of Return Risk”, Journal of Economic Cooperation and Development, 31(1), 59-84.
- KASSIM, Salina H.; M. Shabri Abd. MAJİD and Rosylin Mohd YUSOF; (2009), “Impact of Monetary Policy Schok on the Conventional and Islamic Banks in a Dual Banking System: Evidience From Malaysia”, Journal of Economic Coorperationa and Development, 30(1), 41-58.
- KASSIM, Salina H. and M. Shabri Abd. MAJİD; (2010), “Impact of Financial Schocks on Islamic Banks”, International Journal of Islamic and Middle Eastern Finance and Management, 3(4), 291-305.
- KHAN, Tariqullah and Habib AHMED; (2007), “Risk Management in Islamic Banking” in M. Kabir HASSAN and Mervyn K. LEWIS (Ed.) Handbook of Islamic Banking, Cheltenham: Edward Elgar Publishing, pp. 144-157.
- LEE, Junsoo and Mark C. STRAZICICH; (2001), “Break Point Estimation and Spurious Rejections with Endogenous Unit Root Tests”, Oxford Bulletin of Economics and Statistics, 63(5), 535–558.
- LEE, Junsoo and Mark C. STRAZICICH; (2003), “Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks”, Review of Economics and Statistics, 85(4), 1082–1089.
- LÜTKEPOHL, Helmut; (2005), New Introduction to Multiple Time Series Analysis, Berlin: Springer.
- PERRON, Pierre; (1989), “The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis”, Econometrica, 57, pp.136-1401.
- ROSLY, Saiful Azhar; (1999), “Al-Bay' Bithaman Ajil financing: Impacts on Islamic Banking Performance”, Thunderbird International Business Review, 41(4-5), 461-480.
- SCHAIK, Diederik V.; (2001), “Islamic Banking”, The Arab Bank Review, 3(1), 45-52.
- SCHMIDT, Peter and Peter C. B. PHILLIPS; (1992), “LM Tests for a Unit Root in the Presence of Deterministic Trends” Oxford Bulletin of Economics and Statistics, 54(3), 257–287.
- SEVÜKTEKIN, Mustafa ve Mehmet NARGELEÇEKENLER, (2007). Ekonometrik Zaman Serileri Analizi: EViews Uygulamalı, Ankara: Nobel Yayınları.
- TARI, Recep; (2011), Ekonometri, Kocaeli: Umuttepe Yayınları.
- UTKULU, Utku; (2003), “Türkiye’de Bütçe Açıkları ve Dış Ticaret Açıkları Gerçekten İkiz mi? Koentegrasyon ve Nedensellik Bulguları”, Dokuz Eylül Üniversitesi, İİBF Dergisi, 18(1), ss.45-61.
- YEŞILYAPRAK, Mehmet; (2012), Katılım Bankalarında Kredi Derecelendirmesi ve Etkin Subjektif Kriterlerin Anket Yöntemi İle Ölçümü. İstanbul: Beta Yayınevi.
- YILMAZ, Erdal; (2014), “Yeni Bir Finansal Araç Olarak Sukuk: Çeşitleri, Türkiye Uygulaması ve Vergilendirilmesi”, Muhasebe ve Finansman Dergisi, 61, ss.81-100.
- YUSOFF, Remali and Rodney WILSON; (2005), “An Econometric Analysis of Conventional and Islamic Bank Deposits in Malysia”, Review of Islamic Economics, 9(1), pp.31-52.
AN APPLICATION ON THE DETERMINANTS OF TURKISH PARTICIPATORY BANKS' FUNDING SOURCES AND THE RELATIONSHIP OF THESE BANKS WITH CONVENTIONAL BANKS
Abstract
Participation banks seem to be free from interest rate risk because of
the methods they use. However, participation banks, along with other risks, are
subject to interest rate risks, because of dual banking system and customer
profile similarity. Thus, participation banks that are in competition with
classic banks, try and keep their premiums close to other banks’ interest rates.
In this study, the determinants of Turkish participatory banks' funding sources
were analyzed with Johansen cointegration analysis between 2005 to 2013.
According to the information based on the study, a positive relation has been
detected from interest rates towards profit rates. Furthermore, it is found
that both premium rates and interest rates affect the participation fund volume
of participatory banks. These findings imply that there is interaction between participatory
banks and classic banks.
References
- ADEBOLA, Solarin Sakiru; Wan Sulaiman Wan YUSOFF and Jauhari DAHALAN; (2011), “The Impact of Macroeconomic Variables on Islamic Banks Financing in Malaysia”, Research Journal of Finance and Accounting, 2(4), pp. 22-33.
- AKIN, Cihangir; (1986), Faizsiz Bankacılık ve Kalkınma, İstanbul: Kayıhan Yayınları.
- ARISS, Rima Turk; (2010), Competitive Conditions in Islamic and Conventional Banking: A Global Perspective, Review of Islamic Economics, 19(3), pp. 101-108.
- ARSLAN, Bengul Gulumser and Etem Hakan ERGEC; (2010), “The Efficiency of Participation and Conventional Banks in Turkey: Using Data Envelopment Analysis”, International Research Journal of Finance and Economics, 57, pp. 156-167.
- ASTERIOU, Dimitrios and Stephen G HALL; (2007), Applied Econometrics, New York: Palgrave, Macmillan.
- BACHA, Obiyathulla I.; (2004), Dual Banking Systems and Interest Rate Risk for Islamic Banks, Munich Personal RePEc Archive, No: 12763.
- ENDERS, Walter; (1995), Applied Econometric Time Series, New York: John Wiley&Sons Inc.
- ERDEM, Ekrem; (2010), Para Banka ve Finansal Sistem, Ankara: Detay Yayıncılık.
- ERGEÇ, Etem Hakan and Bengül Gülümser ARSLAN;(2013), “Impact of Interest Rates on Islamic and Conventional Banks: The Case of Turkey”, Applied Economics, 45(17), pp. 2381-2388.
- FAVERO, Carlo A.; (2001), Applied Macroeconometrics, Oxford: Oxford University Press.
- GÜL, Mustafa Emin; (2013), “Faizsiz Bankacılıkta Risklere Karşı Aktif ve Pasif Yönetimi: Türkiye Katılım Bankaları Üzerine Bir Uygulama”, Yayımlanmamış Yüksek Lisans Tezi, Kayseri: Erciyes Üniversitesi Sosyal Bilimler Enstitüsü.
- HARON, Sudin and Norafifah AHMAD; (2000), “The Effects of Conventional Interest Rates and Rate of Profit on Funds Deposited with Islamic Banking System in Malaysia”, International Journal of Islamic Financial Services, 1(4), pp. 3-10.
- HARON, Sudin and Bala SHANMUGAM; (1995), “The Effect of Rates of Profit on Islamic Bank’s Deposits: A Note”, Journal of Islamic Banking and Finance, 12(2), pp. 18-28.
- HOW, Janice CY; Melina Abdul KARIM and Peter VERHOEVEN; (2005), “Islamic Financing and Bank Risks: The Case of Malaysia”, Thunderbird International Business Review, 47(1), pp. 75-94.
- ABDUL KADER, Radiah and Kok Leong YAP; (2009), “The Impact of Interest Rate Changes on Islamic Bank Financing”, International Review of Business Research Papers, 5(3), 189-201.
- KADILAR, Cem; (2000),Uygulamalı Çok Değişkenli Zaman Serileri Analizi, Ankara: Bizim Büro Yayınevi.
- ZAINOL, Zairy and Salina KASSIM; (2010), “An Analysis of Islamic Banks’ Exposure to Rate of Return Risk”, Journal of Economic Cooperation and Development, 31(1), 59-84.
- KASSIM, Salina H.; M. Shabri Abd. MAJİD and Rosylin Mohd YUSOF; (2009), “Impact of Monetary Policy Schok on the Conventional and Islamic Banks in a Dual Banking System: Evidience From Malaysia”, Journal of Economic Coorperationa and Development, 30(1), 41-58.
- KASSIM, Salina H. and M. Shabri Abd. MAJİD; (2010), “Impact of Financial Schocks on Islamic Banks”, International Journal of Islamic and Middle Eastern Finance and Management, 3(4), 291-305.
- KHAN, Tariqullah and Habib AHMED; (2007), “Risk Management in Islamic Banking” in M. Kabir HASSAN and Mervyn K. LEWIS (Ed.) Handbook of Islamic Banking, Cheltenham: Edward Elgar Publishing, pp. 144-157.
- LEE, Junsoo and Mark C. STRAZICICH; (2001), “Break Point Estimation and Spurious Rejections with Endogenous Unit Root Tests”, Oxford Bulletin of Economics and Statistics, 63(5), 535–558.
- LEE, Junsoo and Mark C. STRAZICICH; (2003), “Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks”, Review of Economics and Statistics, 85(4), 1082–1089.
- LÜTKEPOHL, Helmut; (2005), New Introduction to Multiple Time Series Analysis, Berlin: Springer.
- PERRON, Pierre; (1989), “The Great Crash, the Oil Price Shock, and the Unit Root Hypothesis”, Econometrica, 57, pp.136-1401.
- ROSLY, Saiful Azhar; (1999), “Al-Bay' Bithaman Ajil financing: Impacts on Islamic Banking Performance”, Thunderbird International Business Review, 41(4-5), 461-480.
- SCHAIK, Diederik V.; (2001), “Islamic Banking”, The Arab Bank Review, 3(1), 45-52.
- SCHMIDT, Peter and Peter C. B. PHILLIPS; (1992), “LM Tests for a Unit Root in the Presence of Deterministic Trends” Oxford Bulletin of Economics and Statistics, 54(3), 257–287.
- SEVÜKTEKIN, Mustafa ve Mehmet NARGELEÇEKENLER, (2007). Ekonometrik Zaman Serileri Analizi: EViews Uygulamalı, Ankara: Nobel Yayınları.
- TARI, Recep; (2011), Ekonometri, Kocaeli: Umuttepe Yayınları.
- UTKULU, Utku; (2003), “Türkiye’de Bütçe Açıkları ve Dış Ticaret Açıkları Gerçekten İkiz mi? Koentegrasyon ve Nedensellik Bulguları”, Dokuz Eylül Üniversitesi, İİBF Dergisi, 18(1), ss.45-61.
- YEŞILYAPRAK, Mehmet; (2012), Katılım Bankalarında Kredi Derecelendirmesi ve Etkin Subjektif Kriterlerin Anket Yöntemi İle Ölçümü. İstanbul: Beta Yayınevi.
- YILMAZ, Erdal; (2014), “Yeni Bir Finansal Araç Olarak Sukuk: Çeşitleri, Türkiye Uygulaması ve Vergilendirilmesi”, Muhasebe ve Finansman Dergisi, 61, ss.81-100.
- YUSOFF, Remali and Rodney WILSON; (2005), “An Econometric Analysis of Conventional and Islamic Bank Deposits in Malysia”, Review of Islamic Economics, 9(1), pp.31-52.
Details
| Journal Section | Makaleler |
|---|---|
| Authors | |
| Publication Date | December 19, 2017 |
| Acceptance Date | November 1, 2017 |
| Published in Issue | Year 2017 Issue: 50 |
Cite
Cited By
TÜRKİYE’DE KATILIM BANKALARI FONLARI İLE MEVDUAT FAİZLERİ İLİŞKİSİ; EŞBÜTÜNLEŞME, DOLS VE FMOLS ANALİZİ
Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
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EMPIRICAL INVESTIGATION OF THE REASONS OF FINANCIAL NEEDS AND PREFERENCE OF ISLAMIC BANKING CUSTOMERS IN TURKEY
Afyon Kocatepe Üniversitesi Sosyal Bilimler Dergisi
https://doi.org/10.32709/akusosbil.1010465
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