Varlı, Yusuf

Profil fotoğrafı
 E-posta Adresi
yusuf.varli@ihu.edu.tr
ORCID Profili
0000-0003-3305-7209
WoS Profili
DWH-2213-2022
Scopus Profili
56224252700
Google Akademik Profili
iRJGi8gAAAAJ
TR-Dizin Profili
369393

Araştırma projeleri

Organizasyon Birimleri

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Organizasyon Birimi
Yönetim Bilimleri Fakültesi, İktisat Bölümü
İktisat Bölümü, başta Türkiye ve çevre ülkeler olmak üzere küresel ekonomileri anlayan, var olan sorunları analiz ederken, iktisadi kuramları ve kavramları yetkin ve özgün bir şekilde kullanma becerisine sahip bireyler yetiştirmeyi amaçlamaktadır.

Adı Soyadı

Yusuf Varlı

İlgi Alanları

İş ekonomisi, Fizik, Din

Kurumdaki Durumu

Pasif Personel

Filtreler

2018 - 20192
Filtreleri Sıfırla

Ayarlar

Dil: en × Konu: Participating Mortgage ×

Arama Sonuçları

Listeleniyor 1 - 2 / 2
  • [ N/A ]
    Yayın
    Interest-free participating mortgage as a new housing finance method: stochastic modelling and comparison with conventional mortgage
    (Society for the Advancement of Socio-Economics (SASE), 2019) Varlı, Yusuf; Varlı, Yusuf; Yönetim Bilimleri Fakültesi, İktisat Bölümü
    This paper mainly aims to develop a participating mortgage model complied with Islamic finance principles and to compare it with the conventional mortgage model. The point that distinguishes our work from the literature is that the model of participating mortgage we set up in this paper is completely out of interest and modeled on partnership bases. In our interest-free participating mortgage model, which can be adapted to all kinds of participating mortgages, all the prices and ratios are created in a stochastic manner and serve as a basis in this field with this feature. Interest rate such as risk-adjusted yield is altered in order to have a fully shariah compliant structure. Therefore, instead of risk adjusted yield, shariah compliant market rate of return which is determined in the Sukuk market is preferred in this study and modelled stochastically as well. In addition, it is the first study that includes early termination options (default, prepayment with penalty and defeasance) and their pricing simultaneously, which are the most important risks of interest-free participating mortgages as such in all types of mortgages. Finally, the interest-free participating mortgage and the conventional mortgage are compared over the pricing of early termination options.
  • Küçük Resim
    Yayın
    Participating mortgages: An alternative to housing finance
    (Emerald Publishing, 2018) Varlı, Yusuf; Yönetim Bilimleri Fakültesi, İktisat Bölümü
    Since the 2007–2008 financial crisis, the markets related to housing finance have been restoring their tools and instruments in order to avoid a new crisis. In this period, while attempting to eliminate structural problems in existing housing finance instruments, on the other hand new products were tried to figure out. In particular, products based on risk sharing have frequently come to the forefront, both in the academia and the industry. In this direction, one such innovative product is the participating mortgage, in which the borrower obtains below-market interest rates in return for a percentage of the property’s future appreciation and/or net operating income. Particularly used in conventional markets, participating mortgage can also be applied within the Islamic finance thanks to the model it is based on. This chapter attempts to introduce the method of participating mortgage with detailed background and intellectual investigation. Including the modeling of participating mortgage, this study also shows how this method can be designed under Islamic finance. Furthermore, implications and fields of application are explored with a discussion of challenges. In this chapter, considering the achievements of participating mortgage method, it is asserted that it can enable the product diversity of the Islamic banks, thereby increasing the share in the global banking sector.