AFW1310 - Introduction to Islamic banking and finance

Leader: Professor Bala Shanmugam

Offered

Malaysia First semester 2007 (Day)
Malaysia Second semester 2007 (Day)

Synopsis

Topics covered include: Shariah and rationale for Islamic banking; history of Islamic banking; deposit, financing and other banking facilities; Islamic financial markets; Islamic finance in selected countries; and contemporary issues.

Objectives

The learning objectives of this unit are to:

• describe the need, structure and operations of Islamic banking and finance;
• explain the concept of shariah, its sources and applicability to Islamic banking and finance;
• identify the types of Islamic banking facilities;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with Islamic banking and finance.

Assessment

Tutorial questions: 10%
Assignment (2000 words): 20%+ Examination (3 hours): 70%

Contact hours

3 hours per week