CTU351: Fundamentals of Islamic Banking / Academy of Contemporary Islamic Studies

This is an introductory course to Islamic Banking for students to understand the fundamentals of Shariah-compliance banking system. Students will be introduced to the concepts and principles adopted/adapted by Islamic banks to comply with the Shariah requirements. The course will equip students with the basics to distinguish between Islamic and conventional banking system, expose students to the modus operandi of selected
facilities/instruments offered by Islamic banks and assist them in evaluating the value proposition promoted by Islamic Banking System.