Islamic Finance

This course will look at the laws, regulations, and ethics of finance and economics according to Islamic law. The topics covered will range from everyday financial matters to Islamic banking. Primary emphasis will be placed on introducing students to the practical benefits of finance and economics in Islam.
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Level

Beginners

Duration

5 hours and 20 minutes in total

Number of Units

5

Course Overview

This course will look at the laws, regulations, and ethics of finance and economics according to Islamic law. The topics covered will range from everyday financial matters to the complexities of Islamic banking, with an emphasis on helping students navigate contemporary issues guided by the wisdom of the revealed sources.

Learning Outcomes

Upon successful completion of this unit, students should be able to:
  • Understand the historical development of contemporary Islamic Finance
  • Understand the Fiqh (Islamic Jurisprudence) relating to Islamic Banking and Economics
  • Understand the basics of financial partnerships in Islam
  • Understand the ethics and principles underlying Islamic Finance