6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
Faculty
Organisational Unit
Department of Business Law and Taxation
Chief examiner(s)
Unit guides
Synopsis
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.
Outcomes
The learning goals associated with this unit are to:
- analyse conventional and Islamic finance law problems with the necessary awareness to plan and structure an appropriate answer
- effectively apply problem solving strategies that includes clear presentment of a legal argument, and critical and creative thinking
- identify, evaluate and implement appropriate strategies for resolution of conventional and Islamic finance law problems
- be innovative in resolving conventional and Islamic finance law problems
- be able to reference sources of information in written work.
Assessment
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