Faculty of Business and Economics

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Monash University Handbook 2011 Undergraduate - Unit

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
OfferedSunway First semester 2011 (Day)
Sunway Second semester 2011 (Day)
Sunway Summer semester A 2011 (Day)


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.


The learning goals associated with this unit are to:

  1. describe the need, structure and operations of Islamic banking and finance
  2. explain the concept of shariah, its sources and applicability to Islamic banking and finance
  3. identify the types of Islamic banking facilities
  4. apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with Islamic banking and finance
  5. demonstrate in an individual summative assessment task the acquisition of a comprehensive understanding of the topics covered by AFW1310.


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

Chief examiner(s)

Mr Nafis Alam

Contact hours

3 hours per week