fin5bnk islamic banking

ISLAMIC BANKING

FIN5BNK

2014

Credit points: 15

Subject outline

In this subject, students will explore the theory of Islamic banking and its implication on economic growth and development. It will focus on the other areas of Islamic banking (IB) including legal issues, Zakat mechanism, Qard Hassan, Sukuk (bonds) capital adequacy, risk and liquidity management and the performance of the Islamic banks. Students will also learn how to apply their understanding of IB operations and knowledge of the products offered by the Islamic banks to evaluate the performance of the IB and how it differs with conventional. It develops strategies to deal with the current issues and problems faced by the IB industry in Australia and overseas. It will cover three case studies; NAB's Qard Hassan, Zakat and Sukuk.

FacultyFaculty of Business, Economics and Law

Credit points15

Subject Co-ordinatorHayat Khan

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules

Prerequisites FIN5POF and ECO5POE or BUS5AFS

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Learning resources

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsIslamic finance: the regulatory challengePrescribedArcher, S. and Rifaat Abdel KarimJOHN WILEY, 2007
ReadingsMoney, islamic banks and the real economyPrescribedIsmail, A. G.CENGAGE LEARNING, 2010

Subject options

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Start date between: and    Key dates

Melbourne, 2014, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorHayat Khan

Class requirements

LectureWeek: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

TutorialWeek: 32 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 32 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments%
class tests totalling 500-words/one individual 10-minute presentation20
one 1,000-1,500-word assignment20
one 3-hour final examination60