Course Title

Islamic Financial Innovations and Products

Course Code

Econ 428

Prerequisite Course

Econ 414

Course Description

•          Financial Engineering.

•          Definitions: Islamic Financial Products and Innovations.

•          Financial Derivatives (Options, Futures, SWAPS, Forward contracts.

•          Islamic Securities.

•          Islamic real state funds

•          Hedging funds.

Course Level

8

Course Material

•          Union of Arab Banks, Asset management and financial risk in Islamic and traditional banks. (2002)

Reading Recommendation

عبدالله الشبيلي، يوسف. الخدمات الاستثماريه في المصارف واحكامها في الفقه الاسلامي (الصناديق والودائع الاستثماريه، دار ابن الجوزى، (2005).

الرشيدي، احمد فهد. عمليات التورق وتطبيقاتها الاقتصاديه في المصارف الاسلاميه، دار النفائس (2005).

Islamic Institute for Research and Training ;www.irti.org

Ghouga, Ez-Aldin, Islamic Investment Funds, Al Baraka Dalla, 1993.

Islamic Development Bank: www.isdb.org

Course Language

Arabic