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PARTICIPATION BANKING AND ISLAMIC FINANCE COURSE IDENTIFICATION AND APPLICATION INFORMATION

Code Name of the Course Unit Semester In-Class Hours (T+P) Credit ECTS Credit
BAY410 PARTICIPATION BANKING AND ISLAMIC FINANCE 5 3 3 5

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)

Gains information about the concept of Islamic finance, its principles and features.
Learns the development of Islamic finance and its place in the world financial system.
Learns the funding sources of participation banking, the products used and the contracts.
Learns about insurance and sukuk, which are other products within the scope of Islamic finance.