International Program for Islamic Economics and Finance Page | 0
LECTURE SYLLABUS
SUBJECT:
(COURSE CODE: ….. )
INTERNATIONAL PROGRAM
FOR ISLAMIC ECONOMICS AND FINANCE FACULTY OF ECONOMICS
UNIVERSITAS MUHAMMADIYAH YOGYAKARTA
International Program for Islamic Economics and Finance Page | 1
SYLLABUS
Faculty : Economics
Programme : International Program for Islamic Economics and Finance Course Title : Islamic Financial System
Course Code :
Status :
Credit Hours : 3
Contact Hours : 3 x 50 Minutes Pre-requisites (if any) :
Co-requisites (if any) :
Instructional Strategies : Lectures, Discussions, Writing Test, Assignment Instructor/Lecturer : Faaza Fakhrunnas, M.Sc.Fin
Semester Offered : 4th Semester
A. Course Synopsis
This course discusses a foundation in Islamic economic and finance that regard to Islamic teaching as the guidance. In addition, this course also enlightens the framework of Islamic financial system in Indonesia as well as understanding the Islamic financial market such as discussing the development of Islamic financial system in Indonesia, the Islamic banking operation and instruments, Islamic money market and etc. Finally, to understand risk management in Islamic financial system, this course is ended with the principle and best practice of risk management as the last material.
B. Course Objectives
To explore the theory of Islamic financial system and understand its practice in Indonesia
C. Discussion Topic
1. The principle of Islamic Economics and Finance
2. The foundation of Islamic Financial System in Shariah View 3. Islamic Financial System and Its Instruments
4. Islamic Financial Market and Its Risk Management
D. Teaching Materials
1. Overview of Islamic Economics and Financial System 2. Money and Monetary Policy
3. Development of Islamic Financial System 4. Shariah Principle for Islamic Finance
5. Shariah Contract for Islamic Financial Instruments 6. Islamic Banking Operations and Instruments 7. Islamic Money Market
8. Sukuk Market
9. Islamic Equity Msrket 10. Islamic Insurance
11. Principle and Best Practice of Risk Management
E. Semester Learning Outcomes
1. Understanding the overview of Islamic financial system (SLO 1)
2. Understanding the basic framework of Islamic financial system (SLO 2)
International Program for Islamic Economics and Finance Page | 2
3. Understanding Islamic financial market (SLO3)
4. Understanding the risk management of Islamic financial system (SLO4)
F. References
1. ISRA. (2018). Islamic Financial System. Kuala Lumpur : Cagamas.
2. Fakhrunnas, Faaza. (2019). Investasi Keuangan Islam ; Konsepsi dan Aplikasi.
Yogyakarta : EKONESIA
3. P3EI-Bank Indonesia. (2007). Ekonomi Islam. Yogyakarta : Raja Grafindo.