Module Descriptors
ISLAMIC BANKING AND FINANCE
ACCT60223
Key Facts
School of Justice, Security and Sustainability
Level 6
15 credits
Contact
Leader: Ahmad Mlouk
Hours of Study
Scheduled Learning and Teaching Activities: 36
Independent Study Hours: 114
Total Learning Hours: 150
Assessment
  • ASSIGNMENT weighted at 100%
Module Details
Module Additional Assessment Details
Details - The 2500 word Assignment will assess all learning outcomes.
Module Texts
Kettell, Brian (2011) Introduction to Islamic Banking and Finance. Great Britain: John Wiley & Sons Ltd. ISBN-10: 047097804X | ISBN-13: 78-0470978047
Iqbal, Z. and Mirakhor, A. (2011) An Introduction to Islamic Finance: Theory and Practice, Second Edition. John Wiley & Sons Ltd. ISBN-10: 0470828080 | ISBN-13: 978-0470828083
Module Resources
Module study guide
The University Library and Learning Resources - books and academic journals
The module VLE
Electronic data bases
Learning support materials
Internet
Module Indicative Content
This module starts with a brief introduction to the Muslim belif followed by a selection of topics to include: Sharia'a Law and Sharia'a boards roles, responsibility and membership; Sources of the Sharia'a; Islamic investment principles; Islamic banking principles and Riba; Modes of Islamic finance: Murabaha, Mudaraba, Musharaka, Ijara, Istisna'a and Salam; Takaful (Islamic insurance); Ethics and governance in an Islamic finance context.


Learning Strategies
The learning strategy for this module is based around students committing a total of 150 hours of activities towards achieving the learning outcomes. These will be split between 39 hours of direct contact with a tutor and 111 hours of directed, guided and self-study, together with preparation for and completion of the assessment tasks. Learning support material will be provided for the module.
The module will draw upon a mixture of activities including lectures, web-based activities, case study analysis, relevant videos and in-class discussions, individual and group problem solving and self-directed learning.