Graduate Education Institute · Islamic Economics and Finance · Doctorate
ECTS: 6 T+P+L: 3+0+0 Departmental Elective
Coordinator:
Course Objective
The aim of this course is to make a comparative analysis of Islamic economics with other economic systems, to define the scope and importance of Islamic economics and to discuss it as an alternative system.
Course Content
The logic, functioning, basic order of Islamic economy and its comparison with today's economies
Course Learning Outcomes
- Defines the intellectual infrastructure and institutional foundations of the Islamic economy as a unique system
- Knows how economic development can be matched with a socio-economic system compatible with Islamic ethics and values.
- Evaluates the effect of Islamic belief on economic organizations and behaviors
- Understand the differences between utopian Islamic moral economics, modern Muslim economies, and the practical nature of Islamic finance
- Has the intellectual knowledge to decide which among the leading Muslim economies can serve as a model for Islamic economies
- Discusses the implications of behavioral factors, moral theory, and moral economics in many less developed countries.
Core Area Distribution
(22) Humanities%20 (31) Social and Behavioural Science%40 (34) Business and Administration%40
Teaching Methods
ExpressionQuestion-AnswerPresentationCase Study
Assessment & Evaluation
HomeworkTesting (Essay / Tests: True-Falls, multiple-choice, short answer, matching)
ECTS / Workload
| Activity | Quantity | Duration (h) | Total Workload |
|---|---|---|---|
| Course Duration (Including Exam Week) | 16 | 3 | 48 |
| Out of Class Study Period | 16 | 3 | 48 |
| Midterm | 1 | 15 | 15 |
| Quiz | 1 | 5 | 5 |
| Assignment | 1 | 1 | 1 |
| Practice | 0 | 0 | 0 |
| Final | 1 | 10 | 10 |
Course Schedule
| Week | Subject | Preparation |
|---|---|---|
| 1 | An advanced understanding of economic systems with a systematic concept and the place of Islamic economics | Relevant Chapter |
| 2 | An advanced understanding of economic systems with a systematic concept and the place of Islamic economics | Relevant Chapter |
| 3 | Advanced understanding of the nature and scope of Islamic economics and its relationship with traditional economies | Relevant Chapter |
| 4 | Advanced understanding of the nature and scope of Islamic economics and its relationship with traditional economies | Relevant Chapter |
| 5 | Advanced understanding of order, system and strategies to ensure that Islamic values are compatible with economic development | Relevant Chapter |
| 6 | Advanced understanding of order, system and strategies to ensure that Islamic values are compatible with economic development | Relevant Chapter |
| 7 | ||
| 8 | Reward in sharia laws, moral justification and advanced understanding of the Islamic view in business and commercial activities | Relevant Chapter |
| 9 | Reward in sharia laws, moral justification and advanced understanding of the Islamic view in business and commercial activities | Relevant Chapter |
| 10 | Advanced understanding of Islamic economists' views on capitalism and Marxism | Relevant Chapter |
| 11 | Advanced understanding of Islamic economists' views on capitalism and Marxism | Relevant Chapter |
| 12 | An overview | |
| 13 | An overview | |
| 14 | An overview | |
| 15 | An overview | |
| 16 | Final Examination | - |