EMIF-555       Islamic Finance Contracts  

3 Credit Hours


The course aims to clarify the theory of financial contracts addressed by scholars both in the past and present on one hand, and contracts and financial issues arising from the development and practices of Islamic finance industry and its institutions on the other. The module will explore nominated financial contracts as explained in Islamic jurisprudence, and the derived or structured financial instruments that were developed as a result of the need for financial inter-mediation from an Islamic perspective.