ISLAMIC CAPITAL MARKETS

FIN5CAP

2014

Credit points: 15

Subject outline

This subject will introduce students to important aspects of Islamic Capital markets, focusing on the relevance and importance of tradable securities, regulatory framework and shariah principles that guide innovations in Islamic capital markets. Students will critically investigate the nature and types of securities in Islamic capital markets and examine the practical operations of issuance and trading of Islamic securities. They will also develop a working knowledge of the principles on which the Islamic financial markets operate and its application to the Islamic bond market, the Islamic equity market and Islamic financial instruments issued by corporations to raise capital.

FacultyFaculty of Business, Economics and Law

Credit points15

Subject Co-ordinatorIshaq Bhatti

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

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsSubject packPrescribedBhatti, M. IN/A
ReadingsCritical issues on Islamic banking and financial marketsRecommendedRosly, Saiful AzharAUTHORHOUSE:BLOOMINGTON, 2005
ReadingsIslamic Capital Markets Products, Regulations and DevelopmentRecommendedAli, Salman SISLAMIC RESEARCH AND TRAINING INSTITUTE, ISLAMIC DEVELOPMENT BANK
ReadingsIslamic Financial ServicesRecommendedObaidullah, MohammedISLAMIC ECONOMICS RESEARCH CENTER, KIND ABDULAZIZ UNIVERSITY, JEDDAH, SA

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-ordinatorIshaq Bhatti

Class requirements

Seminar Week: 31 - 37
One 6.0 hours seminar per week on weekdays during the day from week 31 to week 37 and delivered via face-to-face.
"One 6-hour Seminar on weekdays during the day from week 31 to week 37 and delivered via face-to-face."

Assessments

Assessment elementComments%
Two assignments and one class test10
one 1,000-word end of semster project20
one 3-hour final examination50
one, one-hour mid-semster exam20