General Information


Servet BAYINDIR pursued undergraduate degrees from the Faculty of Theology of Marmara University in 1993 and from the Faculty of Economics of Anadolu University in 2005.

He holds a Master’s degree from the Institute of Social Sciences of Marmara University, the title of the Master’s Thesis - “The Evaluation of Private Financial Institutions in terms of Islamic Law” (1995), and earned a PhD degree from the same institution, the title of the Doctorate dissertation - “The Position of Islamic Banking Transactions in Islamic Law” (2004).

In 2010 Servet BAYINDIR completed his 2nd Master’s degree in Islamic Finance from the International Islamic Finance Education Centre (INCEIF), Malaysia.

Servet BAYINDIR’s work “Futures Contracts based on Commodity as a New Product for Participation Banking and Its Evaluation in terms of Fiqh” was awarded the 1st Rank Mansion Prize in 2009.

Professor Servet Bayındır is the author of dozens of books and articles covering different aspects of Islamic Finance. Some of his books include:  “Islamic Finance-2 (Money and Capital Markets)” (Istanbul, 2015), “Futures Contracts from the viewpoint of Islamic Law: Forward, Future, Option and Swap” (Istanbul, 2008), “Commerce in Islam with regards to Fiqh and Morality” (Istanbul, 2007), “Interest Free Banking in terms of Islamic Law” (Istanbul, 2005).

At present, Servet Bayındır serves as a Shariah Board member at Kuveyt Turk Participation Bank, Turkey and responsible for the examination of interest-free banking practices.  Also, he is a lecturer of the Department of Islamic Economics and Finance, Istanbul University and a visiting Prof. of PhD in Islamic Economics and International Finance program at Istanbul Sabahattin Zaim University.

Institutional Information

Faculty Of Theology
Islamic Studies - Islamic Law
Department of Islamic Jurisprudence


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