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Faculty of Science Handbook, Session 2017/2018

(EPF) and Social Security Organisation (SOCSO). Humanity Skill:
Issues and Challenges of Social Policy East & West, CS3, CT3
187-219.
4. Malaysia, & International Law Book Services. Legal References:
Elandt-Johnson, R. C., & Johnson, N. L. (1999).
1.
Research Board. (2013). Undang-undang pencen di Survival models and data analysis. John Wiley.
Malaysia: hingga 10hb Mei 2013. International Law 2. Benjamin, B., & Pollard, J. H. (1993). The analysis of
Book Services. mortality and other actuarial statistics. Institute and
Faculty of Actuaries.
3. London, Dick (1998). Survival Models and their
SIQ3009 FOUNDATION OF ISLAMIC FINANCE Estimation. ACTEX Publications.
4. Peter J. Smith (2002). Analysis of Failure and Survival
Introduction to Islamic finance and its practices; Riba, Data. Chapman & Hall.
gharar and maisir; Musharkah, mudharabah and
murabahah; Ijarah, salam and istisna’; Çomparison of
Islamic and conventional financial systems; Islamic SIT1001 PROBABILITY AND STATISTICS I
financial institutions and products, Islamic banking and
takaful, Islamic investment instruments; Capital market in Properties of probability. Counting techniques. Conditional
an Islamic framework, leasing, securitization and sukuk; probability. Independent events. Bayes Theorem.
Modeling Islamic financial products using mathematical
software; Regulatory framework for Islamic financial Discrete random variables. Mathematical Expectation.
institutions in Malaysia. Discrete distributions: uniform, hypergeometric, Bernoulli,
binomial, geometric, negative binomial and Poisson.
Assessment: Moment generating function.
Continuous Assessment: 50%
Final Examination: 50% Continuous random variables and its mathematical
expectation. Continuous distributions: uniform, exponential,
Medium of Instruction: gamma, chi-squared and Normal distributions.
English
Distribution of function of one random variable.
Humanity Skill:
CS3, CT3 Sampling distribution theory: Independent random
variables. Distributions of sum of independent random
References: variables. Random functions related to the normal
1. Taqi Usmani, M. (1998). An introduction to Islamic distribution. Central limit theorem. Approximation for
finance. Arham Shamsi. discrete distributions. Limiting moment generating
2. El-Gamal, M. A. (2006). Islamic finance: Law, functions.
economics, and practice. Cambridge University Press.
3. Iqbal, Z., & Mirakhor, A. (2011). An introduction to Assessment:
Islamic finance: theory and practice. Vol. 687. John Continuous Assessment: 40%
Wiley & Sons. Final Examination: 60%
4. Mirakhor, A., & Krichene, N. (2014). Introductory
Mathematics and Statistics for Islamic Finance. John Medium of Instruction:
Wiley & Sons. English

Humanity Skill:
SIQ3010 SURVIVAL MODEL CS2, CT2, EM2
Estimation of lifetime distributions: lifetime distributions, References:
cohort studies, censoring, Kaplan-Meier estimates, Cox 1. R.V.Hogg & E.A. Tanis, Probability & Statistics
th
regression model and its estimation. Inference, 8 ed., Pearson, 2010.
2. R.V.Hogg, J. McKean & A.T. Craig, Introduction to
th
Markov models: Multi-state Markov models, Kolmogorov Mathematical Statistics, 7 ed. Pearson, 2012
forward equations, estimation of the force of mortality, 3. H.J. Larson, Introduction to Probability Theory &
rd
estimation of multi-state model transition intensities. Statistical Inference, 3 ed., Wiley, 1982.
Binomial and Poisson models of mortality: Binomial model
of mortality, uniform and constant force of mortality SIT2001 PROBABILITY AND STATISTICS II
assumptions, maximum likelihood estimator for the rate of
mortality, Poisson models. Distributions of two and more dimensional random
variables. Correlation coefficient. Conditional distributions.
Graduation and statistical tests: methods of graduating Bivariate normal distribution. Transformation of two random
crude estimates, Chi-square test, standardised deviation variables. Distributions of order statistics.
test, sign test, grouping of sign test, serial correlations test.
Biased and unbiased estimators. Method of moment.
Exposed to risk: Exact exposed to risk, approximate Method of maximum likelihood. Confidence interval for:
exposed to risk using census data. mean, proportion and variance of single population;
difference between two means, difference between two
Assessment: proportions and ratio of variances.
Continuous Assessment: 40%
Final Examination: 60% Hypothesis testing for: mean, proportion and variance of
single population; difference between two means,
Medium of Instruction: difference between two proportions and ratio of variances.
English Chi-square goodness-of-fit tests and contingency tables.

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