ISF-440: Foundations and Principles of Islamic Finance
This course provides a comprehensive introduction to Islamic Banking and Finance, based on the following industry-standard textbooks and publications:
An Overview of Islamic Finance
Understanding Islamic Finance (The Wiley Finance Series)
by Muhammad Ayub (Author)
Islamic Finance: Theory and Practice (may not be available at an affordable price – consult with instructor if the price is more than USD50)
by Paul S. Mills (Author), John R. Presley (Author)
The Politics of Islamic Finance
by Clement Henry (Editor), Rodney Wilson (Editor)
Islamic Finance in the Global Economy
by Ibrahim Warde
At the end of this course, the student will understand the following concepts and be able to express them clearly, with the ability to show their interconnection:
- Principles of Islamic Banking and Finance
- Difference between Western and Islamic financial principles and instruments
- Current methods of Shari’ah compliant financing
- Key terms used in Islamic Finance * (see links below for review)
http://www2.standardandpoors.com/spf/pdf/media/Glossary_IslamicFinanceTerms.pdf
http://www.sbp.org.pk/departments/ibd/glossary.pdf
http://www.trowers.com/attachments/published/2794/Glossary%20of%20Islamic%20Terms.pdf
