About Course

This course will give an overview of the Islamic economic system. Students will learn the core principles and operating procedures of Islamic economics, and Islamic finance, and establish a framework for understanding the Islamic financial system. This course aims to explain to students the various theories of the Islamic economic system so that students have an accurate understanding of the economic methodology and characteristics of the Islamic economic system, and they can also compare the Islamic economic system with the conventional economic system. Course modules are prepared by experts accordingly.


Title Details
Frequency Once a week
Target Group Probationary Officer, Junior Officer, Senior Principal Officer or Equivalent Officer and above
Methods Lecture, Group Discussion, Self-reflection, and Case Study
Class Type On Campus and online (Hybrid mode)
Evaluation Method Quiz, Mock test, Presentation, Creative Assignments, Final exam
Course instructor Prof Dr, SM Ali Akkas, Dr. Faisal Khan, Dr Md. Golzare Nabi, Dr Md. Mizanur Rahman, Dr Taslima Julia
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What Will You Learn?

  • Know the overview of the Islamic Economic system.
  • Understand the general principles of Islamic economics.
  • Understand the instruments of micro and macroeconomics.
  • Evaluate how consumption, production and distribution patterns work in the economy.

Course Content

Module 1: Foundation of Islamic Economics

  • Religion and Economics
  • The Western View & the Case of Islam
  • Worldview of Economics
  • Islamic worldview and its core elements.

Module 2: Scope and Methodology of Islamic Economics

Module 3: Islamic Ethics and Economics

Module 4: Economic System

Module 5: Islamic Microeconomics

Module 6: Consumption

Module 7: Production

Module 8: Distribution

Module 9: Islamic Macroeconomics

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Professional Certificate in Takaful (PCT)