@article{2018,title={ISLAMIC BANKING AND INSURANCE IN TURKEY},abstractNode={The sector of banking as the biggest stakeholder of the financial system; is classified as deposits, development, investment and islamic banking. The most important principle in the islamic banks that entered the banking sector in 1983 is the principle of interest-free. After the regulation made in the Banking Law in 2005, the islamic banks were included in the banking system. Islamic banks carry out their activities based on profit and loss. Islamic banks that emerged as a result of social demand are institutions that can produce financial products and spread across the country with a service network. These institutions contribute to the development of the financial system while supporting the growth of the real sector. The rapid development of Islamic finance sector and islamic banking, which is called as interest-free finance, has led the sector to stand out in the international financial markets. In addition, in the countries where the Muslim population is crowded, islamic insurance is becoming more important and its applicability is increasing. Especially islamic insurance guided by religious sensibilities, since it has found more new fields of application in Turkey has yet to reach the desired application level compared to other countries. The purpose of this study is to examine islamic banking and islamic insurance which are prominent in the interest-free finance sector. The method of the study is based on literature review and is also supported by scientific data. In the study, it is concluded that islamic banking and islamic insurance have an increasing importance and share within the Islamic finance sector.},author={Muaz Mücahit YILDIRIM},year={2018},journal={The Journal of Social Sciences}}