• Total units 24 Units
  • Specialisation code ISBA-SPEC
  • Academic career Postgraduate

The specialisation in Islamic Banking introduces students to the concepts of Islamic finance laws and procedures and to give you an introductory understanding of the area that is also a pathway to a Master degree in the discipline.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. Understand Islamic banking laws and procedures and the various ambiguities in the prohibition on Reba (interest) and how modern banking systems circumvent or manage the prohibition;
  2. Demonstrate deep knowledge and understanding of the principle issues regarding the relationship between two essentially contested concepts, Islam and 'modernity'. 
  3. Explain factors shaping contemporary Islam, in particular the complex interactions of key institutional structures, historical events, religious tenets, and political and sociological dynamics;
  4. Form, explain and defend analyses of the impacts of Islam on contemporary Muslim-majority nation-states around the world, including in the realms of politics, societal dynamics, culture, and international affairs;
  5. Assess the role of Islam in various Muslim-majority nation-states and other nation-states with significant Muslim populations, contrasting the role of Islam both across nation-states and relative to other factors that shape these polities and societies; and
  6. Conduct detailed and complex research into issues related to contemporary Islam, applying a range of advanced approaches, methodologies, and explanatory frameworks.
  7. Complete a piece of research in the field of Islam in the modern world.
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Requirements

This specialisation requires the completion of 24 units, which must consist of:

 

24 units from completion of the following compulsory courses:

MEAS8120 Islam, Faith and Community

MEAS8124 Introduction to Islamic Banking

MEAS8125 Islam and Modernity

MEAS8126 Contemporary Issues in Islamic Banking

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