The Undergraduate Certificate in Islamic Accounting and Finance offers a comprehensive understanding of the principles and practices of Islamic finance. Students will explore core modules covering topics such as Islamic financial contracts, Islamic banking operations, and ethical considerations in Islamic finance.
In the module on Islamic financial contracts, students will learn about the principles underlying various Shariah-compliant contracts, including Mudarabah, Musharakah, and Ijarah. They will examine how these contracts are structured and executed in accordance with Islamic law.
The module on Islamic banking operations will cover key aspects of Islamic banking, including deposit-taking, investment activities, and risk management. Students will gain insights into the unique features of Islamic banking products and services, such as profit-sharing arrangements and asset-backed financing.
Ethical considerations in Islamic finance will be explored, highlighting the importance of ethical conduct and social responsibility in financial transactions. Students will analyze case studies to understand the practical implications of ethical principles in Islamic finance.
Overall, this certificate program provides students with a solid foundation in Islamic accounting and finance, equipping them with the knowledge and skills to excel in this specialized field.