FIN265 : Islamic financing and investment formulas

Department

Department of Financing and Banking

Academic Program

Bachelor in Finance and banking

Type

Compulsory

Credits

03

Prerequisite

FIN264

Overview

The study of this course aims to identify the concept of Islamic finance, and provide the student with an in-depth knowledge of the legitimacy of the various Islamic financing formulas, as well as identifying the provisions of dealing with Islamic finance formulas and how Islamic financial transactions are carried out.

Intended learning outcomes

A. Knowledge and understanding:

  • To familiarize the student with the concept and nature of Islamic finance.
  • To familiarize the student with the different aspects of Islamic financing sources.
  • To familiarize the student with how to deal with Islamic financial transactions.

B. Mental skills:

  • That the student be able to compare between Western and Islamic financing transactions.
  • The student should be able to determine financing methods in accordance with Islamic Sharia.
  • The student should be able to deal in accordance with Islamic commercial legislation.

C. Scientific and professional skills:

  • The student should be able to comprehend and discuss the nature of Islamic finance.
  • That the student be able to make decisions using Islamic financing formulas.
  • The student should be able to analyze Islamic financial transactions.

D. General and transferable skills:

  • Familiarity of the student with Islamic financial transactions.
  • The student should be able to deal with Islamic financial provisions.
  • That the student be able to deal with Islamic financial transactions in a research manner.

Teaching and learning methods

  1. Using the illustrations available in the academic lectures.
  2. Presentation of working papers on topics related to the article.
  3. Case study analysis.

Methods of assessments

  1. Midterm exam 20%.
  2. Research papers 10%.
  3. Activity 10%.
  4. Final exam 60%.

Course content

Number of hours

scientific subject

Week

3

Money in Islam.

1

3

Provisions for dealing with credit cards.

2

3

Stocks and controls for dealing with them.

3

3

Bonds and the rule of dealing with them.

4

3

Muqarada bonds and their legal ruling.

5

3

Commercial papers: bills of exchange.

6

3

Commercial papers: promissory notes and instruments.

7

3

Murabaha for the one who ordered the purchase and its legal controls.

8

3

Lease ending with ownership and its legal ruling.

9

3

joint speculation.

10

6

Commercial insurance contract in the view of Islamic law.

11-12

6

Insurance system controls.

13-14

Portfolio theory (FIN361)
Audit and control of banks (FIN465)
Various insurance (FIN464)
Re Insurance (FIN463)
Finance and real estate investment (FIN462)
Contemporary financial issues (FIN460)
Quantitative methods in finance (FIN369)
Takaful insurance (FIN368)
Financial indicators and investment funds (FIN367)
International investment (FIN366)
Financial derivatives (FIN365)
Securities and currencies analysis (FIN364)
Advanced corporate finance (FIN363)
Investment evaluation (FIN362)
Corporate finance (FIN360)
Financial analysis and forecasting (FIN269)
Financial institutions (FIN268)
Banking operations and policies (FIN267)
Financial markets (FIN266)
Islamic financing and investment formulas (FIN265)
Fundamentals of Islamic banking (FIN264)
Insurance basics (FIN263)
Financial policies (FIN466)
International Finance (FIN467)
Financial management (FIN260)
Strategic financial analysis (FIN468)
Banking marketing (FIN469)
Planing peincipals (PLA170)
Financing Principles (FIN160)
Accounting Principles I (ACC 130)
Principles of Accounting II (ACC131)
Investing basics (FIN262)
Banking basics (FIN261)