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 Banking and Finance
Chief examiner(s)
Unit guides
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.
Outcomes
The learning goals associated with 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
- demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by BFW1310.
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