- Degree Bachelor
- Code: FIN422E
- Credit hrs: 3
- Prequisites: LAW211E, FIN221E & F
Islamic finance is one of the fastest growing and mostrninnovative financial disciplines in the international financialrnmarket. It is growing at a rate of 15-20% each year, and isrnexpected to be US$2 trillion in size by 2010. It is one of thernleast understood both by the western financial community andrnindeed by those in Islamic communities. This course offers arnclear and understandable examination of this dynamic area ofrnfinance. It will help participants to fully understand thernfundamental principles underlying modern Islamic finance, asrnwell as modern practices prevailing in this industry.
Fin. Major
• The Arab Economies in a Changing World, Marcus Noland and Howard Pack, Peterson Institute of International economics, 2nd edition, 2011. • Abdul-Rahman, Yahia, (2014), second Ed., "THE ART OF Islamic BANKING AND FINANCE, tools and techniques for community based banking", Wiley Finance. • Hassan, K., Kayed, R. N., and Oseni, U.A., (2013), "Introduction to Islamic banking and Finance: principles and practice", Pearson Education Limited.
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