Credit points: 15

Subject outline

In this subject students will explore some of the core principles of Islamic Commercial Law and develop a working knowledge of Islamic commercial transactions. Students will examine the primary and secondary sources of Islamic Law and the principles of S'hariah sales and contracts. Students will also examine the role that historical, economic and social factors play in shaping the main features of Islamic commercial law.

FacultyFaculty of Business, Economics and Law

Credit points15

Subject Co-ordinatorReeta Verma

Available to Study Abroad StudentsYes

Subject year levelYear Level 5 - Masters

Exchange StudentsYes

Subject particulars

Subject rules



Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Learning resources


Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsUnderstanding Islamic FinancePrescribedMuhammad AyubCHICHESTER, WEST SUSSEX: WILEY, C 2007
ReadingsIslamic commercial law: an analysis of futures and optionsRecommendedMohammad Hashim, KamaliUK: ISLAMIC TEXTS SOCIETY, 2000.
ReadingsUnderstanding Islamic Law (Sharia'a)RecommendedRaj BhallaLEXISNEXIS

Subject options

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Start date between: and    Key dates

Melbourne, 2014, Semester 2, Day


Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorReeta Verma

Class requirements

Lecture Week: 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.

Tutorial Week: 31 - 43
One 1.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.


Assessment elementComments%
one 1,500 word assignment20
one 1-hour class test20
one 2-hour final examination60