ISLAMIC FINANCIAL PLANNING course is designed to enable students to develop an appreciation of Islamic financial planning. In this course, students are provided with an outline of each of the major concerns of a financial planner as preparation for the basic study to be covered in the other courses. This module prepares students towards becoming a competent financial planner.
ETHICS IN ISLAM exposes the students to the basic knowledge on the code of
ethics in Islamic financial institutions. It comprises of banking ethics, internal control
and conflicts in banking system, Malaysian Code of Corporate Governance, the
regulatory and supervisory framework as well as the Bank Negara Shariah
ISLAMIC ACCOUNTING is designed to provide a comprehensive and practical knowledge on Islamic Accounting for Islamic Financial Institutions in Malaysia and worldwide. It also highlights the relevant standards, policies, regulations related to the Islamic Accounting in the Malaysian context based on Malaysian Accounting Standards Board (MASB). This course contents include accounting for partnership and sales contract such as Mudharabah, Musharakah, Bai’ Bithaman Ajil, Ijarah and Zakah.
FIQH MUAMALAT course exposes students to the concepts and principles of Shariah, Usual Fish, Qawaid Fiqhiyah, Ijtihad, Muamalat and Khiyar.
Throughout this course, the theory, classification and elements in Islamic contract involving parties and its subject matter are described.
It also introduces the concepts of Zakah, Gharar, Riba and Maisir in the light of teaching of the Holy Quran, Hadith, Ijma' Ulama' and Qiyas.
ISLAMIC INVESTMENT course provides comprehensive overview of Islamic
investment to identify regulatory and standard-setting bodies related to Islamic
investment activities. It comprises concepts of Islamic bond (sukuk), characteristics
and risks underlying sukuk and also discusses types of financial instruments,
concepts and calculation of risk and return in investment, types of investment
analysis, equity valuation methods and securitization.
TAKAFUL propose students with the importance of insurance principles. It comprises knowledge of the takaful in Malaysia which covers risk and insurance, fundamentals and principles of takaful, takaful industry in Malaysia, legal aspects of takaful, types of takaful plans, general principles of underwriting and claims and finally takaful planning.
FIQH MUAMALAT course exposes students to the overview of Shariah, source of Shariah, Usul Fiqh, Qawaid Fiqhiyyah, Ijtihad, Muamalat & Khiyar. Throughout this course the theory, classification & elements in contract involving parties & its subject matter are described. It also introduces the concept of Zakah, Gharar, Riba & Maisir in the light of teaching of the Holy Quran, Hadith, Ijma' Ulama' & Qiyas.