Page 26 - PROSPECTUS FEA IT 17-18

◄Faculty of Economics and Administration►

Main Reference (1) Najam, A; Halle, M and Ortix, M.R. Trade and Environment:
A Resource Book. IISd Publications. 2013
(2) Brack,. D., (eds), Trade and Environment: Conflict or
Compatibility, Island Press.2010.
(3) Copeland, M., and Taylor, S., Trade and the Environment:
Theory and Evidence, Princeton University Press, 2013
(4) Harris, J, Trade and Environment, GDAE, Tufts Univesity
Press, 2008.
(5) Kellenber, D. An empirical Investigation of the Pollution
Haven Effect With Startegic Environment and Trade Policy,
Jouranl of International Economics, Volume 18: 2. 2009. Pp
242-255
(6) Kearsley, A and Riddel, M. A further Inquiry into the Pollution
Haven Hyphothesis and The Environmental Kuznets Curve,
Ecological Economics, Volume 69:4, 2010. Pp 905-919.
EQA 7011 ISLAMIC BANKING AND FINANCE

Learning Outcomes At the end of the course, students are able to:

(1) Apply the underlying concepts and principles of Islamic
banking and finance;
(2) Analyze differences between the Islamic and the
conventional financial systems; and
(3) Argue issues and policies pertaining to the development of
Islamic banking and finance in theory and practice.

Synopsis of Course This course gives an overview of the Islamic financial system
Contents which comprises the Islamic financial institutions and financial
markets. The course starts with a discussion of the fundamentals
of Islamic banking and finance; the rationale, underlying concepts
and principles. It will then examine issues pertaining to the
development of Islamic financial institutions and financial
markets. Course topics include the prohibition of riba, Islamic
contracts of exchange, Islamic banking in theory and practice,
Islamic insurance (tearful), Islamic money market, Islamic equity
market, Islamic derivatives (sukuk) and regulatory issues.

Assessment Methods Continuous Assessment : 50%
Final Examination : 50%

Main Reference (1) Abdul Ghaffar Ismail (2010) Money, Islamic Banks and the
Real Economy, Cengage Learning: Singapore
(2) Kamal Khir, Lakesh Gupta & Bala Shanmugam (2008),
Islamic Banking: A Practical Perspective, Pearson Longman
Malaysia
(3) Mohd Daud Bakar, Engku Rabiah Adawiah Engku Ali (2008)
Essential Readings in Islamic Finance, CERT Publications,
Kuala Lumpur Malaysia
(4) Muhammad Ayub (2007) Understanding Islamic Finance,
John Wiley, England
(5) Karim, Adiwarman A (2005) Islamic Banking: Fiqh and
Financial Analysis, PT Rajagrafindo Persada Jakarta

26