Papers by Hüseyin İçen
Borsa istanbul Review, 2022
Islamic indices provide a guideline for deciding which stocks to invest in; however, they mostly... more Islamic indices provide a guideline for deciding which stocks to invest in; however, they mostly ignore investment purification. Despite the vitality of purification, the related literature is not well developed for several reasons. This paper aims to develop a purification method by considering the existing literature and applications. In this regard, ten Shariah compliant firms listed in Borsa Istanbul from different industries were selected for 2021. Three scenarios are applied, suggesting holding shares for different periods. The findings suggest that investors are obliged to purify non-compliant income even when their rate of return is negative. The cost of purification can be severe when the investment firm has a high purification ratio. Conversely, investors should also purify their investments when there is a capital gain.
Book Reviews by Hüseyin İçen
İslam Tetkikleri Dergisi, 2023
Turkish Journal of Islamic Economics, 2023
This book has provided awareness of the importance of hisbah, which is essential in maintaining s... more This book has provided awareness of the importance of hisbah, which is essential in maintaining social order and general morality. In the book, hisbah works have been examined in detail. In these works, many subjects such as state’s role in economic life, imports, jizyah, al-ribā (interest), al-ihtikār, cheat, embargo, narh, monopoly, waqf have been analyzed. The introduction of the hisbah literature will contribute to the establishment of the Islamic economic system and shed light on other studies in this area.
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Papers by Hüseyin İçen
Book Reviews by Hüseyin İçen