KOLEJ PROFESIONAL MARA

DIPLOMA IN ISLAMIC BANKING & FINANCE

SESSION 3/2021/2022

Course Title ISLAMIC BANKING PRODUCTS AND SERVICES (FIN2563)

Code FIN 2563

Status CORE

Credit Value 3

Prerequisite None
Mode of Delivery
Lecture (L), Tutorial (T), Project (P)
(MOD)
Test 20%
Quiz 10%
Assessment Project (Small Group Discussion) 30%
Final Examination 40%
TOTAL 100%

Norhafidzah binti Ab. Rahaman (Course Coordinator)

Master in Business Administration (MBA), UiTM
Bachelor of Business Administration (Hons) In Islamic Banking, UiTM
Diploma in Business Study, UiTM Lendu Melaka
Diploma in Education, UiAM,
Lecturers
Mohd Amirul Hafiz bin Ramly
Bachelor of Business Administration (Hons) Finance, UiTM
Diploma in Banking, UiTM
Diploma in Education, UNITAR

Sem/Year Semester 4 or 5 / Year 2

The course covers various topics focusing on Islamic Banking Products and Services. The
main topic areas are deposits and investments, financing including consumer and trade
Synopsis financing, and treasury management. The principles of contracts and the operational
mechanisms of each product are explained. The modes of teaching are lectures, discussion,
and a group projects.

On completion of this course, students should be able to:

CLO 1 Explain the concept and operational mechanism in the Islamic banking system.
(C2, PLO1)
Course Learning
Outcomes CLO 2 Apply the computation analysis for Islamic financing in various sets of scenarios.
(C3, PLO7)

CLO 3 Organize a project based on Islamic Banking products & services. (A4, PLO5)

14/11/2021
1
 Course Contents
WEEK TOPIC REFERENCES ASSESSMENT
MODE
OUT IN
1 1. Introduction Marjan
 Overview: Sources and application of Muhammad &
funds for Islamic Banking. Mezbah Uddin
Ahmed (Eds.).
 Development of Islamic banking (2016). Islamic
system internationally. Financial System:
 Islamic dual-banking system in L&T Principles &
Malaysia Operations. 2nd
 Laws and regulations for Islamic Ed., Kuala
Lumpur: ISRA.
banking institutions in Malaysia
 Functions of a bank as financial Test:
intermediary. 20%
2-3 2. Islamic Deposits and Investment Marjan
Accounts Muhammad &
 Profit Sharing Framework and Allocation Mezbah Uddin
Ahmed (Eds.).
 Wadiah Savings and Current Account (2016). Islamic
 Mudharabah Investment Account L&T
Financial System:
i. Computations and analysis Principles &
Operations. 2nd
Ed., Kuala
Lumpur: ISRA.
4-8 3. Islamic Consumer Financing Marjan
 Islamic home and building financing: Muhammad &
(i) Bai’ Bithaman Ajil (BBA) Mezbah Uddin
Ahmed (Eds.).
Financing
(2016). Islamic Final
(ii) Musharakah Mutanqisah Financing Financial System: Examination:
 Islamic motor-vehicle and equipment L&T Principles &
40%
financing: Operations. 2nd
(i) Al-Ijarah Thumma al-Bay’ Ed., Kuala
(AITAB) financing Lumpur: ISRA.
(ii) Ijarah financing
 Computations and analysis
9 4. Islamic Project Financing Marjan
 Mudharabah financing Muhammad &
 Musharakah financing Mezbah Uddin
Project:
 Istisna Financing Ahmed (Eds.).
30%
 Salam Financing P
(2016). Islamic
Financial System:
Principles &
Operations. 2nd
Ed., Kuala
Lumpur: ISRA.

2
 10 5. Islamic Personal Financing Marjan
 Bai’ Al – Inah financing Muhammad &
 Tawarruq financing P
Mezbah Uddin
Ahmed (Eds.).
 Islamic credit card
(2016). Islamic
 Qardhul Hasan Financial System:
 Islamic Pawn broking (Al-Rahn) Principles & Final
 Computations and analysis L&T
Operations. 2nd Examination:
Ed., Kuala 40%
Lumpur: ISRA.
Activity Week
11 6. Islamic Trade Financing Marjan
 Introduction Muhammad &
 Islamic Letters of Credit (Wakalah, Mezbah Uddin
Ahmed (Eds.).
Mudharabah & Musyarakah) (2016). Islamic
 Murabahah Working Capital Financial System: Quiz:
 Islamic Factoring L&T Principles & 10%
 Bai Al-Dayn Financing Operations. 2nd
 Islamic Acceptance Bill Ed., Kuala
Lumpur: ISRA.
 Letter of Guarantee (LG)
(i) Kafalah Bankers Guarantee
(ii) Kafalah Shipping Guarantee
12 Presentation P Project: 30%

Ref 1. Marjan Muhammad & Mezbah Uddin Ahmed (Eds.). (2016). Islamic Financial System:
Principles & Operations. 2nd Ed., Kuala Lumpur: ISRA.

Add. 1. Islamic Banking Products and Services (Module – For Internal Circulation) 2020
Ref
2. Mahsuri Mustafa (2014). Structuring Islamic Financing Facilities: A Guide for the
Practitioner, Kuala Lumpur: IBFIM.