Com5ej311 — Syllabus

• Pre-requisites: Basic knowledge about finance & Commercial Banking Course Summary This course helps the students to know about the Islamic banking. Islamic banking offers an alternative banking system based on ethical principles. It emphasizes fairness, transparency, and risk-sharing while prohibiting interest and speculative practices.
• Course Outcome (CO): CO CO Statement Cognitive Level* Knowledge Category# Evaluation Tools used CO1 Gain a deep understanding of the fundamental principles of Islamic banking U C Instructor-created exams / Quiz / Assignment CO2 Shows the skill to operate different accounts in Islamic banking Ap P Assignment Project CO3 Analyse different product offered by Islamic banks and its uses E P Examinations project
• - Remember (R), Understand (U), Apply (Ap), Analyse (An), Evaluate (E), Create (C) # - Factual Knowledge(F) Conceptual Knowledge (C) Procedural Knowledge (P) Metacognitive Knowledge (M) Detailed Syllabus:

Module Unit Content Hrs I Concept of Islamic Banking 15 1 Introduction about Islamic Banking 3 2 Modern Islamic Banks 3 3 Difference between Islamic & Conventional Banking 4 4 Principles of Islamic Finances 5 II Evolution & History of Islamic Banking 13 Module Unit Content Hrs 5 Brief History of Islamic Banking 4 6 Functions of Islamic Banks 4 7 Deposit Product in Islamic Banks 5 III Islamic Finance Product 10 9 Introduction of Financing Product 3 10 Equity based product 5 11 Difference between conventional equity finance and participatory finance 2 IV Debt Based Financing Product 10 18 Debt Based financing product 5 19 Leasing Contract 5

• V Open Ended Module: Suggested Topics 12 1 Current problems and issues faced by Islamic banks 6 2 Emerging trends in Islamic Banking 6 References

1. Kamal, MohdHashim. A Shari‘a Analysis of Issues in Islamic Leasing. International Islamic University Malaysia

2. Obaidullah, Mohammed. Islamic Financial Services. Jeddah: Islamic Economics Research Center; King Abdulaziz University, 2005.

3. Ayub, Muhammad. Islamic Banking and Finance: Theory and Practice. 1st ed. Karachi: State Bank of Pakistan, 2002.

4. Usmani, Dr. Muhammad I. Meezan Bank‘s Guide to Islamic Banking. 1st ed. Karachi: Darul Ishaat, 2002.

5. Usmani, Muhammad T. An Introduction to Islamic Finance. 1st ed. Karachi: Idaratul Ma'Arif, 1999.

1. Interest free banking by: Najathullah siddiqui, Markazi Makthaba islami publishers, New Delhi

7. Al-Zuhayli, W. (2003). Financial Transactions in Islamic Jurisprudence (M. A. ElGamal, Trans. Vol. 1-2). Damascus:

Dar al-Fikr.

8. Askari, H., Iqbal, Z., Mirakhor, A. & Krichenne, N. (2010). The Stability of Islamic Finance: Creating a Resilient Financial Environment for a Secure Future. Singapore: John Wiley & Sons (Asia).

9. Ayub, M. (2007). Understanding Islamic Finance. West Sussex, England: John Wiley & Sons.