Page 74 - Buku_Panduan_Program_SME_Versi BI_Sesi_20172018

ISLAMIC ECONOMICS

EIB2008 ISLAMIC ECONOMICS
3 Credits

Pre-requisite EIA1002 Microeconomics I and EIA1003 Macroeconomics I

Learning At the end of the course, students are able to:
Outcomes
1. Explain Islamic worldview and how it relates to Islamic economic principles.
2. Describe the general features of Islamic economic.
3. Apply Islamic perspective to the central issue of economics including
production, consumption and distribution.
4. Analyse the difference between Islamic economic and conventional
economic on the fundamentals and various economic issues such as
consumption and production.

Synopsis This course aims to expose students to the basic fundamentals of Islamic
economics. It begins by introducing to students the Islamic worldview and the
position of economic in Islam, the philosophical foundations of Islamic economics
and the salient features of Islamic economic system as well as the methodology
of Islamic economics. Then it discusses the Islamic economic perspective on
fundamental economic issues such as consumption, production, distribution,
exchange guidelines, financial institutions, public finance and the role of the
state.

References 1. Askari, Hossein; Iqbal, Zamir and Mirakhor, Abbas. 2015. Introduction of
Islamic Economics, Theory and Application. Wiley Finance, UK.
2. Hassan, Surtahman Kastin and Ahmad, Sanep. 2010. Ekonomi Islam:
Dasar dan Amalan. Edisi Kedua. Dewan Bahasa dan Pustaka, Kuala
Lumpur.
3. Khan, Muhammad Akram. 1994. An Introduction to Islamic Economics.
International Institute of Islamic Thought and Institute of Policy Studies.

Soft Skills CS1, CS2, CS3
CT1, CT2
EM1, EM2

Assessment Continuous Assessment : 40%
Final Examination : 60%

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