Speciality Requirements Student must complete 27 credit hours

Course Code	Course Name	Credit Hours	Prerequests
443511	Research Methods in Economics and Islamic Finance	2
This course aims to introduce the student and train him on scientific research, especially in the field of Islamic economics and Islamic finance, and the need to combine in research between the aspects of Sharia and the financing aspects, with an introduction to the most important sources and literature in Islamic finance, and the methods of researchers in Islamic economics and finance. With emphasis on the specificity of the research methodology in both the fields of Sharia and economics.
443512	Islamic Finance Seminar	1
This course deals with the latest research and developments in the field of Islamic banking, with the aim of enabling students to follow the developments in the literature of the subject, and how to access research and specialized scientific journals, in addition to enabling students to identify how to design research and its methodology so that the student can carry out applied research in Islamic banks, and in a way that enables him to proceed in the preparation of the master's thesis.
443513	Islamic Finance Principles	3
This course deals with the introduction of Islamic finance, its characteristics, objectives, most important institutions, usury, its types and effects, the economic effects of an interest-free financing system, gharar and its types and its impact on contracts, gambling, time, risk and return, money, debt-based Islamic finance formulas, and participation-based Islamic finance formulas.
443514	Business Firms - from Islamic Perspective	3
This course aims to identify the jurisprudential writings on companies and Mudarabah, and its definition, and study its pillars, conditions and types, and the provisions of the actions of the partners in it, and capital, and the rules of distribution of profit and loss, and the reasons for its termination, and also aims to study in detail the legal provisions related to modern commercial companies, namely: the partnership company, the limited partnership company, the joint venture company, the joint stock company, the limited liability company and the limited partnership by shares, with a comparative study with the provisions of companies in Islamic law. It also aims to study AAOIFI's Shari'a standards related to all this, and participatory financing methods and their application in Islamic financial institutions.
443515	Shari'ah Standards for Islamic Transactions	3
This course aims at an in-depth jurisprudential study of the Shariah standards issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), especially for Murabaha for the orderer to buy, joint Mudaraba, Ijarah ending with ownership, Musharaka ending with ownership, parallel Salam, parallel Istisna', credit cards, securities, banking services, and other standards.
443516	Financial Management and Financial Statement Analysis	3
This course deals with the principles of financial management according to the functions of financial management, also working capital management, capital structure, how to distribute profits, financial analysis processes for the purposes of credit evaluation (liquidity, profitability, activity, leverage, market performance), how to analyze financial statements in terms of accounting policies, the use of financial ratios in credit risk analysis, cash flow analysis, methods of predicting corporate failure, and credit decline.
443517	Islamic Banks Transactions	3
This course deals with the introduction to Islamic banking and its origin, the emergence of money and the impact of money on economic activity, monetary policy and its objectives, central banks and their functions, licensing policy of Islamic banks, objectives and functions of the Islamic bank and its impact on development, financial resources of Islamic banks, administrative organization of the Islamic bank, deposits and their types in Islamic banks. Islamic finance formulas and procedures, such as Murabaha, Musharaka, Mudaraba, Parallel Istisna', Parallel Salam, Ijarah ending with ownership, and other forms of Islamic finance, evaluation and selection of investment operations and participating customers, and other Islamic banking services, such as documentary credits, guarantees, transfers, credit cards, etc., and social services of Islamic banks. An explaining of the functions of Islamic banking operations, with an explanation of the basic differences between an Islamic bank and a conventional bank. With a study of some of the experiences of Islamic banks in a number in Arab countries, Islamic and Western countries and evaluating their practices on Islamic banking operations, whether with regard to accumulating funds and savings or with regard to employing
443518	Financial Markets from Islamic Perspective	3
This course deals with the functions of financial markets, their types and role in the national economy, the pillars and rules governing dealing with them and trading the securities listed therein, the efficiency of these markets, executive control procedures, the basic financial instruments in these markets such as securities, derivatives and others, and the Sharia provisions related to them. This course also aims to introduce the student to Islamic financial instruments such as Islamic Sukuk. Explain the nature of investment funds in general and their types, and Islamic investment funds in particular, and how to manage and evaluate them.
443519	Principles of Islamic Financial Transactions	3
This course aims to deal with the jurisprudential rules related to financial transactions and study them jurisprudentially, where it addresses: the concept of the jurisprudential rule, its sources, its authority and importance, distinguishing the jurisprudential rule from the fundamental rule and the legal ruling, with a study of the most important jurisprudential rules related to the jurisprudence of financial transactions with their applications, such as the rule (the original in permissible transactions), the rule (the fruit by guarantee), and the rule (forgivable in the dependencies what is unforgivable in others). In particular, the course deals with the study and analysis of articles (2-100) of the Code of Judicial Judgments, which include the jurisprudential rules of the jurisprudence of Islamic financial transactions.
443520	Investment Management in Islamic Finance	3
This course aims to explain the concept of investment in Islam, its controls, objectives, formulas and characteristics, and aims to introduce the student to the investment environment and types of investors, how to build an investment portfolio, forms of investment portfolios, selection and management of the securities that make up the portfolio, the relationship between return and risk, and how to evaluate the performance of the portfolio manager.
443598	Comprehensive Exam.	0

Speciality Optional Requirements Student must complete 9 credit hours

Course Code	Course Name	Credit Hours	Prerequests
443521	Risk Management in Islamic Finance	3
This course aims to introduce the student to the risks facing the investor in general, and the risks facing Islamic finance institutions in particular, of different types: market risks and enterprise risks, and how to deal with different types of risks. Highlighting the main work carried out by the Director of Risk Management, with a study on the mortgage crisis and its relationship to banking risks. The course also deals with a detailed and in-depth study of the Basel Committee standards and their application to Islamic banks. With an in-depth study of central banks, their objectives, functions, impact on Islamic banks and their relationship with them.
443522	Accounting Standards for Islamic Business Firms	3
This course deals with the theoretical framework of accounting from an Islamic perspective, and the accounting and auditing standards for Islamic financial institutions issued by the Accounting and Auditing Organization for Islamic Financial Institutions, and deals in detail with the accounting of Islamic banks, financial companies based on Islamic foundations, Islamic insurance companies, zakat accounting, endowment, orphan institutions, and accounting treatment of traditional operations such as cash, current accounts, deposits, savings, documentary credits and guarantees, and then deals with the accounting treatment of special operations. For Islamic banks in particular, such as Murabaha, Musharaka, Mudaraba, Salam, Istisna', Ijarah ending with ownership and others. In addition to the final accounts of the distribution of profits and losses and the balance sheets of Islamic banks. Preparation of financial statements and supervision in Islamic financial institutions. The rules governing the calculation of profits in the Islamic system, the methods of calculating profits in Islamic banks, and the accounting processes for the distribution of profits.
443523	Marketing for Financial Services	3
This course aims to introduce the student to the importance of banking marketing, the history of banking marketing, consumer behavior and analysis of the marketing environment, strategies of Islamic banking services, pricing strategy for Islamic banking services, strategy for the distribution of these services, and finally the strategy of promoting these services.
443524	Insurance and Islamic Insurance (Takaful)	3
This course aims to introduce the nature of the risk and its types, how to manage it, the concept of insurance, the insurance market, insurance functions, insurance contracts, and the different types of insurance, from property insurance, civil liability insurance, car insurance, life insurance, health insurance, social security, reinsurance, insurance legislation and insurance control, and the course deals with Takaful insurance in all these types, and the difference between traditional insurance and cooperative insurance. With an evaluation of the experiences of some Islamic countries in the field of insurance. The course also deals with the analysis of the financial statements of Islamic and commercial insurance companies with comparison between them.
443525	Feasibility Study in Financial and Economic Analysis	3
This course aims to introduce the student to the different stages that the feasibility study goes through, from how to choose the project, the market study of the project, the technical study that shows the needs necessary to establish the project, then the financial study and financial analysis, and the statement of the different criteria used in the feasibility study in order to judge the feasibility of the project or not.
443526	Islamic Economics	3
This course aims to introduce the student to economics in general and Islamic economics in particular, and therefore this course discusses the following topics: definition of economics in general and Islamic economics in particular, statement of the principles and rules of Islamic economics, ownership in Islam, the economic problem and how to address it in Islam, production in the Islamic economy, consumption, distribution, exchange and investment in the Islamic economy, as well as fiscal policy and monetary policy in Islam. And the impact of zakat and the prohibition of interest on the level of income and its stability. With a discussion of some recent research and studies that dealt with micro or macroeconomic topics from an Islamic perspective.
443527	Islamic Bonds (Sukuk)	3
This course aims to introduce the student to Islamic Sukuk and related topics: what they are, the difference between them and conventional securities, such as stocks, bonds, etc., their importance, how to develop and subscribe to them, their different types, classification, risks, their role in establishing an Islamic financial market, the Sharia problems related to them, and realistic models for them.
443528	Readings in Islamic Finance (in English)	3
This course is designed to help students read, understand, and analyze literature related to Islamic banking, Islamic finance, and Takaful insurance, such as academic articles and promotional materials such as advertisements, reports, and documents. It also aims to introduce them to Islamic banking and finance terminology so that they can function effectively in the workplace. Students will also learn how to write work emails and translate short texts. To these ends, original audio materials will be used, role-playing practices and discussions. Students are expected to apply what they try to learn in class to their work and graduate studies in Islamic banks, financial institutions and insurance companies.