Islamic Banking and Finance

Learning Outcomes

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• demonstrate knowledge of, and ability to analyse Islamic investments
• demonstrate analytically the difference between traditional banking and Islamic banking

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• the liability side of Islamic banks such as deposits, resource mobilisation and financing
• the key elements of Islamic Banking and Finance, and how they differ from traditional Finance

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• demonstrate effective written communication
• demonstrate competence generally in numerical analysis and problem solving

Systematic understanding of fundamental concepts of Islamic banking

Critical awareness and overview of how to operate in interest-free financial markets

Systematic examination of Islamic financial markets, scope and instruments

Evaluate methodologies of key operations of Islamic banks and the scope for co-operation between conventional and Islamic financial institutions

Weekly lectures will provide an overview of the main issues arising in the module.

Weekly classes will supplement the lectures which will support student learning by providing opportunities for students to attempt, and gain feedback on, numerical and problem-solving exercises. You will also have the opportunity for both directed and non-directed independent reading.

Formative

This is how we’ll give you feedback as you are learning. It is not a formal test or exam.

In-class activities

• Assessment Type: Formative
• Feedback: Feedback from in-class activities will be provided in the classes and further feedback can be sought from the module leader during their office hours.
• Final Assessment: No
• Group Work: No

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.