Islamic Financial Issues

Course aim

This course is designed to familiarise participants with the concepts and practices associated with Islamic banking, finance, reporting and governance.

Course content

The key features of Islamic finance, its religious and ethical underpinnings, and the nature of Islamic law (shari’a); the prohibition of interest (riba); Islamic investment vehicles, profit-and-loss sharing operations, and Islamic financial instruments; Shari’a supervision and governance; the Islamic perspective on stock market investment; Islamic insurance (takaful); structuring of Islamic securities and bonds (sukuk); Islamic accounting and financial reporting; Islamic project finance; and marketing Islamic financial products.

Textbook(s)

Nil

Prerequisite(s)

Nil

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Seminar	3 hours x 13 weeks
EXTERNAL, CITY WEST, DISTANCE EDUCATION
External	N/A x 13 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Assignment, Examination, Group assignment

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 3)
To determine the fee for this course as part of a Commonwealth Supported program, go to:
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
Non-award tuition fees are set by the university. To determine the cost of this course, go to:
How to determine the relevant non award tuition fee. (Opens new window)

Not all courses are available on all of the above bases, and students must check to ensure that they are permitted to enrol in a particular course.

* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.