Faculty of Business and Economics

Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2015 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Business Law and Taxation
OfferedMalaysia First semester 2015 (Day)


This unit covers the main areas of conventional and Islamic financial regulations. This includes aspects of the legal environment that affect financial decisions, transactions and relationships in both conventional and Islamic finance. Topics covered are chosen from the laws regulating the financing implications of different forms of business organisation; financial institutions and the financial institutions/customer relationship; cheques; the laws regulating business finance and security and guarantees.


The learning goals associated with this unit are to:

  1. analyse conventional and Islamic finance law problems with the necessary awareness to plan and structure an appropriate answer
  2. effectively apply problem solving strategies that includes clear presentment of a legal argument, and critical and creative thinking
  3. identify, evaluate and implement appropriate strategies for resolution of conventional and Islamic finance law problems
  4. be innovative in resolving conventional and Islamic finance law problems
  5. be able to reference sources of information in written work.


Within semester assessment: 40%
Examination: 60%.

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)


BTW1200 or BTW1042