Course outline standard
Course Title
Islamic capital market
Course Code
Degree Program
BEIB
Course Title
Course
information
Academic year:__________
Semester:____________
Course Instructor
Name
Instructor’s
contact
information
Office:
Phone:
E-mail:
Contact Hours (per
week)
Course objectives
This course expects to provide students with the:
1. advanced knowledge of Islamic financial system and its
regulatory framework and environments,
2. analytical understanding of Shari’ah concepts used in
financial markets and market structure, and
3. skills to analyze Islamic financial instruments in terms of
purpose, structure, and pricing
Schedule
Week
1-3
4-6
Date
Topics and sub-topics
Chapter 1: Capital Theory and Islamic Capital Markets
the nature of capital, on the nature of interest and profit, capital theory in
Islamic finance and time preference and capital markets.
Chapter 2: Portfolio Theory and Risk–Return Tradeoff
6-7
7-9
9-12
Teaching and
Learning
methods
Assessment
Policy
References
Market uncertainty, portfolio diversification theory, portfolio
diversification in the case of two risky assets and asset pricing based on
risk–return tradeoff.
Chapter 3: The Analytics of Sukuks
Basic methods of valuation of assets with application to sukuks, and
defines the notions of yield to maturity, reinvestment of coupons, and par
value.
Chapter 4: Islamic Stocks
The stock yields, stock valuation, stock price forecasting, fundamental
and technical analysis, efficiency hypotheses of stock markets, the
evaluation of companies, and the mechanics of trading.
Chapter 5: The Cost of Capital
The cost of capital and its role in corporate finance and capital markets.
Cost of capital, or discount rate, is meaningless without a future stream of
income, or future net cash flow.
Final exam week
Classroom contact/Lecture, group work, tutorial, individual work
Continues assessment……………………….. 60%
Final exam:…………………………………..40%
Total………………………………………….100%
Attendance: it is compulsory come to class on time and every time. If you
are not attained more than 80% of the class, you should not site on exam
Assignments: You must do your assignment on time. Late assignments will
not be accepted
Cheating: you must do your own work and do not copy or get answers
from someone else. It leads you to a serious punishment
Recommended Book:
ISLAMIC CAPITAL MARKET