İslam Ekonomisi ve Finansı Dergisi (İEFD)

Öz

At the forefront of the increase in financial
inclusion, it could be considered expanding the market by the way of the banks,
which are the most common financial institutions. In addition, dissemination of
financial products which are smaller amount than current funding alternatives
such as microcredit will also increase financial awareness in society and
facilitate access to financial instruments in favor of promoting social
development and promoting a social purpose. Since micromurabaha, which is
similar to microcredit in conventional banking, will be developed in
participation banking and integrated to the system, both the existing
micro-finance market will expand and micro finance products will reach to
market which is not accessible to microcredit by the way of that it is done by
a participation bank. In this study, the current microcredit data of the Turkey
Grameen Bank Microcredit Program was evaluated and the target market for
micromurabaha was determined by using the labor force and income distribution
data of Turkish Statistical Institute. For the integration of micromurabaha
product and for the efficiency analysis of this application, Kuveyt Turk
Participation Bank is chosen and worked together. Based on the data of the relevant
bank, the balance sheet, income table and profitability, which are expected to
be realized if the micromurabaha process is applied there, are calculated. The
result of the calculations shows that applying the micromurabaha product in
Kuveyt Turk Participation Bank has positive effects on the profitability. In
addition, with the application of micromurabaha, the current microcredit market
can be addressed to a larger customer mass.