Course Description:

The idea of the Islamic Capital Markets course is to shed light on the underlying principles (the theory) upon which Islamic Capital Markets are built; and the actual market transactions (the practice) in which Islamic Capital Markets take place. The course will touch on a global perspective of the actual practice of Islamic Capital Markets and will also present a comparative perspective on both, conventional and Islamic Capital Markets

Course Code: MAEF650

Credit hours: 3

Pre-Requisites: None

Learning Objectives:

Students taking Islamic Capital Markets course are expected to gain an understanding on what Islamic Capital Markets are, their components, and the main players involved. By the end of the course, students are expected to be able to draw a distinction between conventional and Islamic Capital markets as well as make a connection between the underlying theory and the actual practice of Islamic Capital Markets globally.

Course Outlines:

  • Capital Theory and Islamic Capital Markets.
  • Portfolio Theory and risk-return tradeoff.
  • Islamic Stocks.
  • The Cost of Capital
  • Future Markets.
  • Basic Principles of Options.
  • Sukuks
  • Mutual funds.
  • Institutions and Instruments of Islamic Capital Markets