Corporate Governance for Islamic Financial
Describe the meaning of corporate governance within the Sharah framework as practiced in
modern Islamic nancial institutions.
Explain the models and key princi
Understand what sukuk is, its historical origin and benets, and the distinguishing features of
sukuk from conventional bonds.
Understand how Islamic bonds are structured, and distinguish between differen
1. List down your dominant ways of thinking and its resulting behaviour, take any three
examples to work on.
My dominant ways of thinking are logical. People that have, a logical think will not
make a rash decision and rarely moved by emotional. People wi
How would an Islamic knowledge in general/form Islamic perspective be developed.
Give a specific example to illustrate the process.
As we can see the conventional economics has become a well-developed and Islamic
economics is still in a preliminary stage
Collectively, explore the possibility of an accounting based on Islamic and conventional
Determine each other worldviews acceptance limit.
From our opinion, the acceptance limit for Islamic worldviews is when Allah
say no. If it
Individually, synthesize the main concept of Islamic accounting in relation to essential
concepts of Islamic worldview.
In Islam, there are two aspect that we need to concern which are transcendental
accountability to God and social accountability to the
From Individually, illustrate graphically and textually the complete procedure of
developing an Islamic accounting knowledge. Accompany the answer with a specific
knowledge of accounting field if necessary.
From the diagram above we can see the procedure
Graphically, please illustrate the relationship between buyer and seller in the above
contracts (mudharabah, musyarakah, murabahah, BBA).
Musyarakah is a partnership arrangement between two parties or more to finance a
business venture which is
RE: Health Level of Academic Staff
The purpose I write this memo is to inform you about the worrying health risk of academic
staff. Now the health level of academic staff is an unsatisfactory situation.
Health is an imp
Working Paper Series
No 3 / March 2016
How excessive is
banks maturity transformation?
We quantify the gains from regulating maturity transformation in a model of banks
which finance long-term assets with non-trada
1. Discuss how you become or make to believe in any knowledge, procedurally?
i) Of human being
I believe in human being because the creation of human has been described in the Al-Quran.
The Al-Quran has explained the process of how humans were created. Ea
From our discussion, some people found that the way of thinking comes from past
generation or culture that shared same values, belief and norms. Therefore, it will
influence the manner we learn, live and behave that will shape the personality a
Tutorial Chapter 1
1. Explain the conceptual basis of the modern practice of Islamic banking and finance.
Islamic banking and finance is rooted in the principles of Islamic law, typically referred to as
the Shariah. The underlying goal of Islamic finance
AFP 367 Tutorial 1
1. What is the meaning of Shariah?
Shariah refers to the set of Islamic rule and law or a system of law.
Shariah refers to the divine laws, values and commandments and way of life that have conveyed
through divine revelation.
2. What is
AFP367 Tutorial 3 & 4
1. What is murabahah literally and as a technical term?
- The word murabahah is derived from the word 'ribh' which means profit or gain
- technically murabahah is sale of a commodity at the price the seller has purchased it, with the
Introduction to Islamic Banking and Finance
1 Describe the conceptual basis of the modern practice of Islamic banking and nance.
2 Explain the historical development of and conceptual arguments for Islamic banking and nance.
Financial Instruments of Islamic Banking and
Describe the sources and uses of funds and the operation of bank accounts by Islamic banks.
Understand how exchange-based contracts are utilized as financial inst
Islamic Contract Law
Understand the underlying philosophy of business transactions in Islam.
Explain the meaning of contracts, and the legal concepts and theories of the various types of
contracts in Islamic law.
Islamic Insurance (Takaful)
Understand the meaning and basic concepts of takaful as an
alternative to conventional insurance with an insight into its historical
Describe the innovative Sharah-approved models
Financial Accounting for Islamic Banking Products
Understand the denition of accounting from both conventional and Islamic perspectives,
respectively, and its signicance in nancial decision-making.
Explain the rel
Islamic Asset and Fund Management
Understand the unique nature and fundamentals of Islamic asset and fund management.
Identify the criteria for the selection of Islamic stocks for investing and review Islamic fund
We would like to express the deepest appreciation to our committee chair person Dr.
Md. Harashid bin Haron, Ph.D, and also to my lecturer in class is En. Anwar bin Allah Pitchay
whos had shown the attitude and the substance of a genius: he