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.
Faculty: Faculty of Business, Economics and Law
Credit points: 15
Subject Co-ordinator: Hayat Khan
Available to Study Abroad Students: Yes
Subject year level: Year Level 5 - Masters
Exchange Students: Yes
Subject particulars
Subject rules
Prerequisites: FIN5POF and ECO5POE or BUS5AFS
Co-requisites: N/A
Incompatible subjects: N/A
Equivalent subjects: N/A
Special conditions: N/A
Learning resources
Readings
| Resource Type | Title | Resource Requirement | Author and Year | Publisher |
|---|---|---|---|---|
| Readings | Islamic finance: the regulatory challenge | Prescribed | Archer, S. and Rifaat Abdel Karim | JOHN WILEY, 2007 |
| Readings | Money, islamic banks and the real economy | Prescribed | Ismail, A. G. | CENGAGE LEARNING, 2010 |
Melbourne, 2014, Semester 2, Day
Overview
Online enrolment: Yes
Maximum enrolment size: N/A
Enrolment information:
Subject Instance Co-ordinator: Hayat 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 element | Comments | % |
|---|---|---|
| class tests totalling 500-words/one individual 10-minute presentation | 20 | |
| one 1,000-1,500-word assignment | 20 | |
| one 3-hour final examination | 60 |