AR402 : Transaction provisions

Department

Department of Arabic Language

Academic Program

Bachelor in Arabic Language and Islamic Studies

Type

Elective

Credits

02

Prerequisite

AR304

Overview

Familiarizing students with the provisions of various sales transactions.

Intended learning outcomes

1. Be familiar with the types of financial contracts and distinguish between them.

2. Clarifies the sale contract, its ruling, the wisdom behind its legitimacy, its pillars, and the conditions of each pillar.

3. Enumerates the types of permissible sales, especially the exchange section, because people need to know its rulings.

4. Fulfills the set of evidence on which the provisions of permissible and prohibited sales are based.

5. Defines the wisdom behind the prohibition of financial transactions that are prohibited by Islamic law.

Teaching and learning methods

The course will be presented to the student through lectures, panel discussions, assignments and exercises, and discussion and dialogue

Methods of assessments

Methods of evaluating students in this course: ( Mid-term 40% and final 60%)

Term-work: divided between written midterm exams.

Duties and tasks .

Written final exam .

Content (topic) for each week		Readings/References/Notes
Definition of financial transactions	1
Fraud and warning against it	2
Introducing the sale	3
Sale types	4
Sales pillars	5
Formula and its provisions	6
Mid-term	7
Contract and its terms	8
Contract and its terms	9
Murabaha sale	10
Curious sale	11
Exchange	12
Types of selling allowed	13

The reviewer

1. Maliki jurisprudence and its evidence. 2. Transactions provisions and evidence. 3. Financial transactions.

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