Browse Hierarchy ECOM099: Emerging Market Finance

This course introduces concepts (and applications of these concepts in the global banking market) in Islamic Banking and Finance that is appropriate for students with an economics or broad financial background. The first part of the course will introduce students to the overall paradigm of Islamic Banking, its origins, with reference to religious law and how this requires the development of a finance and banking system that differs fundamentally to the existing global system. Then focus will move to analysis of sectors of the industry including the generation and application of capital, roles of banks and other entities such as regulators and industry sponsors. After this students will be introduced to the key sectors of Islamic banking such as the operation of an Islamic treasury function, Islamic Funds, Investments, Debt Capital Markets (Sukuk), and other structured financing vehicles. The course will not only focus on the theory behind each sector, but also clear and detailed analysis of the practical structuring, application, pricing and execution of transactions in each sector.