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AFW1310 - Introduction to Islamic banking and finance

6 points, SCA Band 3, 0.125 EFTSL

Undergraduate Faculty of Business and Economics

Offered

Sunway First semester 2008 (Day)
Sunway Second semester 2008 (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

Within semester assessment: 30%+ Examination (3 hours): 70%

Contact hours

3 hours per week