Module overview
There is a growing demand for studying Islamic banking within a highly integrated global financial market. This module provides comprehensive insights over how Islamic finance operates and the structure of Islamic financial institutions in various national contexts.
Aims and Objectives
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 competence generally in numerical analysis and problem solving
- demonstrate effective written communication
Syllabus
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
Learning and Teaching
Teaching and learning methods
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.
Type | Hours |
---|---|
Revision | 40 |
Preparation for scheduled sessions | 10 |
Follow-up work | 46 |
Wider reading or practice | 20 |
Lecture | 24 |
Tutorial | 10 |
Total study time | 150 |
Resources & Reading list
Textbooks
M. Kabir-Hassan, R. N. Kayed, U.A. Oseni (2013). Introduction to Islamic Banking & Finance. Pearson.
Assessment
Assessment strategy
20% Group Assignment
80% Exam
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.
Method | Percentage contribution |
---|---|
Group Coursework | 20% |
Examination | 80% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Examination | 100% |
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.
Method | Percentage contribution |
---|---|
Essay | 20% |
Examination | 80% |
Repeat Information
Repeat type: Internal & External