Course unit title

Shariah Audit

Course unit code

AKA305

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Noven Suprayogi, SE, M.Si, Ak, CA, SAS

Dina Fitrisia Septiarini, SE, M.M, Ak, CIFP, SAS

Dian Filianti, SE, M.Acc

Vicky Vendy, S.Ak, M.ACC

Learning outcomes of the course unit

Students are able to prepare planning documents for sharia compliance audits in sharia financial institutions in accordance standards set by AAOIFI and related regulations

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 AKI202

Course content

This course discusses the basic principles of auditing, the basics concepts of sharia compliance auditing, sharia compliance audit planning documents, and technical implementation and reporting of sharia compliance audits in sharia financial institutions

Recommended or required

reading and other learning resources/tools

·        Ahcene Lahsasna. Shariah Audit in Islamic Finance

·        Shariah Audit in Islamic Finance, Ahcene Lahsasna, IBFIM, 2016

·        Shariah Non-Compliance Risk Management and Legal Documentation in Islamic Finance, Ahcene Lahsasna, 2014

Planned learning activities and teaching methods

Collaborative Learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test, Assignments, Soft Skill, and Class Participation

Course unit title

Accounting for Islamic Non-Business Entities

Course unit code

AKA305

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Noven Suprayogi, SE, M.Si, Ak, CA, SAS

Dina Fitrisia Septiarini, SE, M.M, Ak, CIFP, SAS

Dian Filianti, SE, M.Acc

Vicky Vendy, S.Ak, M.ACC

Learning outcomes of the course unit

Students are able to compile transactions and financial statements of Islamic non-profit entities in accordance with the applicable standard and PSAK

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 AKI202

Course content

This course discusses the characteristics of non-profit entities, the concept of reporting Islamic non-profit entities, as well as transactions and preparation of financial statements of Islamic non-profit entities

Recommended or required

reading and other learning resources/tools

·        PSAK No.45

·        PSAK Syariah No.101

Planned learning activities and teaching methods

Collaborative Learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test, Assignments, Soft Skill, and Class Participation

Course unit title

Accounting for Islamic Insurance

Course unit code

AKA304

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Noven Suprayogi, SE, M.Si, Ak, CA, SAS

Dina Fitrisia Septiarini, SE, M.M, Ak, CIFP, SAS

Dian Filianti, SE, M.Acc

Vicky Vendy, S.Ak, M.ACC

Learning outcomes of the course unit

Students are able to compile transactions and financial statements of Islamic insurance institutions in accordance with the applicable PSAK

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 AKI202

Course content

This course discusses the concept of accounting for sharia insurance to the preparation of the financial statements of sharia insurance institutions

Recommended or required

reading and other learning resources/tools

·        PSAK Syariah No.108

Planned learning activities and teaching methods

Collaborative Learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test, Assignments, Soft Skill, and Class Participation

Course unit title

Accounting for Zakat and Waqf

Course unit code

AKA302

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Noven Suprayogi, SE, M.Si, Ak, CA, SAS

Dina Fitrisia Septiarini, SE, M.M, Ak, CIFP, SAS

Dian Filianti, SE, M.Acc

Vicky Vendy, S.Ak, M.ACC

Learning outcomes of the course unit

Students are able to compile transactions and financial statements of Zakat and Waqf institutions in accordance with the applicable PSAK

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 AKI202

Course content

This course discusses zakat and waqf management, accounting, and financial reporting at zakat and waqf institutions

Recommended or required

reading and other learning resources/tools

  • Yunida Een Friyanti. Akuntansi Lembaga Zakat dan Wakaf
  • Dodik Siswantoro. Pedoman Akuntansi Lembaga Zakat

·        PSAK Syariah No.109

Planned learning activities and teaching methods

Collaborative Learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test, Quiz, and Assignments

Course unit title

Accounting for Islamic Microfinance

Course unit code

AKA301

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Noven Suprayogi, SE, M.Si, Ak, CA, SAS

Dina Fitrisia Septiarini, SE, M.M, Ak, CIFP, SAS

Dian Filianti, SE, M.Acc

Vicky Vendy, S.Ak, M.ACC

Learning outcomes of the course unit

Students are able to compile transactions and financial statements of Islamic Microfinance institutions

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 AKI202

Course content

This course aims to provide knowledge and skills in the preparation of financial statements of Islamic financial institutions

Recommended or required

reading and other learning resources/tools

  • Wiroso. 2014. Akuntansi Transaksi Syariah. Ikatan Akuntan Indonesia: Jakarta.

·        PSAK No. 101-110

Planned learning activities and teaching methods

Collaborative Learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test, Quiz, and Assignments

Course unit title

Accounting for Islamic Banking

Course unit code

AKA303

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Noven Suprayogi, SE, M.Si, Ak, CA, SAS

Dina Fitrisia Septiarini, SE, M.M, Ak, CIFP, SAS

Dian Filianti, SE, M.Acc

Annisa Febriana, SE., M.Si.

Learning outcomes of the course unit

Students are expected to be able to choose accounting treatment for operational transactions of Islamic banks in accordance with applicable guidelines in Indonesia

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 AKI202

Course content

This course aims to provide knowledge and skills in the preparation of financial statements of Islamic Banking institutions

Recommended or required

reading and other learning resources/tools

  • Taswan. 2013. Akuntansi Perbankan Transaksi dalam Valuta Rupiah. Edisi 3. UPP STIM YKPN: Yogyakarta.
  • PSAK No. 50, 55, dan 60.

·        Pedoman Akuntansi Perbankan Syariah Indonesia tahun 2013.

Planned learning activities and teaching methods

Collaborative Learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test, Quiz, and Assignments

Course unit title

Asset and Liability Management in Islamic Perspective

Course unit code

MNK326

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Nisful Laila, Dr, SE, M.Com

Sulistya Rusgianto, SE, M.IF, Ph.D

Bayu Arie Fianto, SE., MSc., PhD

Lina Nugraha Rani, SE., MSEI

Dr. Atina Shofawati, SE., M. Si

Learning outcomes of the course unit

Students can perform Asset and Liability Management (ALMA) calculations, administer ALMA, analyze Asset and Liability Committee (ALCO) reviews, and recommend and implement appropriate strategies to improve ALMA performance in Islamic banks (C4, A4, P4).

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 MNK 322

Course content

This course teaches the fundamental concepts of ALMA in Islamic banks, including the importance of implementing ALMA in Islamic banks, ALCO presentation techniques, pricing strategies in Islamic bank funding and financing products, and how to make recommendations and policies relating to ALMA. During the lectures, students' knowledge of ALMA practice in Islamic banks was tested through a case study and group presentation on the application of ALMA in Islamic banks in Indonesia.

Recommended or required

reading and other learning resources/tools

  • Riyadi, S. (2004). Manajemen Aset dan Liabilitas Perbankan. Jakarta: LPFE-UI..
  • Sri Hayati , S.E., M.Si. Manajemen Asest dan Liabilitas untuk BPS dan Lembaga Keuangan Mikro
  • Tektas, A., Ozkan‐Gunay, E. N., & Gunay, G. (2005). Asset and liability management in financial crisis. The Journal of Risk Finance.
  • Abou-El-Sood, H., & El-Ansary, O. (2017). Asset-liability management in Islamic banks: evidence from emerging markets. Pacific Accounting Review.
  • Asset and Liability Management (ALMA) from LPPI

·        Selected International Journal 

Planned learning activities and teaching methods

 Classical Lectures, group discussions, assignments, presentations

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test, Quiz, and Assignments

Course unit title

Islamic Financial Management for Islamic Micro Finance

Course unit code

MNK325

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Imron Mawardi, Dr., SP., M.Si.

Muhamad Nafik H.R., Dr. SE.,M.Si.

Bayu Arie Fianto, Phd.

Sylva Alif Rusmita, SE, CIFP

Learning outcomes of the course unit

Students able to analyze and evaluate sharia microfinance management related to operating system, product, managerial, and empowerment in theory and its application.

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 MNK 323

Course content

This course provides comprehensive knowledge to students about Islamic microfinance management. This course will examine empowerment through microfinance institutions, operating systems, management, and evaluation of Islamic microfinance management in Indonesia and the world. Students are also given concepts (theories) about empowerment through sharia microfinance institutions and sharia microfinance management

Recommended or required

reading and other learning resources/tools

  • Muhammad. 2009. Lembaga Keuangan Mikro Syariah. Yogyakarta: Graha Ilmu.
  • Ridwan, Muhammad. 2006. Sistem dan Prosedur Pendirian Baitul Mal wat-Tamwil (BMT). Tangerang: Citra Media.
  • Bank Indonesia. Lembaga Keuangan Mikro Syariah.
  • Amalia, Euis. 2009. Keadilan Distributif dalam Ekonomi Islam, Penguatan Peran LKM dan UKM di Indonesia. Jakarta: Rajawali Press.

·        Imron Mawardi. 2018. Lembaga Keuangan Mikro Syariah

Planned learning activities and teaching methods

 Collaborative learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test and Assignments

Course unit title

Islamic Financial Planning for Family

Course unit code

MNK324

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Sulistya Rusgianto, S.E.,MIF

Dr. Atina Shofawati, S.E., M.Si

Dr. Nisful Laila, S.E., M. Com

Puji Sucia Sukmaningrum, SE., CIFP

Learning outcomes of the course unit

Mastering the theoretical concepts of Islamic finance, Islamic portfolio, investment management principles, and the application of Islamic financial fiqh to be applied in the design and preparation of Islamic family planning models

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 MNK 323

Course content

Provide understanding and skills to apply Islamic financial management theory, Islamic investment, risk management, taxation and faraid and Mawaris and wealth management to design and develop integrated Islamic family financial planning

Recommended or required

reading and other learning resources/tools

  • Luqyan Tamanni dan Murniati Mukhlisin, Sakinah Finance, 2013, Tinta Medina, Solo
  • Luqyan Tamanni dan Murniati Mukhlisin, 7 Prinsip Pendapatan, 2020, Tazkia Press, Jakarta
  •  Ahamd Gozali, Habiskan Saja Gajimu!, 2013, Tranmedia Pustaka, Jakarta

·        Iman Supriyono, Financial Spiritual Quotient, SNF Consulting, Surabaya

Planned learning activities and teaching methods

 Collaborative learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test and Assignments

Course unit title

Islamic Finance Product Development

Course unit code

MNK452

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Imron Mawardi, Dr., SP., M.Si.

Sunan Fanani S.Ag., M.Pd.I.

Syifaul Qulub Dr. S.Ag.,MEI.

Sylva Alif Rusmita, SE, CIFP

Puji Sucia Sukmaningrum, SE, CIFP

Atina Shofawati, Dr. SE, M.Si

Learning outcomes of the course unit

After studying this course, students are expected to be able to explain Islamic financial products in Indonesia and around the world and how to properly design Islamic financial products.

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 MNK 323

Course content

The Islamic Financial Product Development course is one of the Special Competency Courses that must be taken by students of the Islamic Economics Study Program at the Faculty of Economics and Business, Universitas Airlangga. This course will discuss the Islamic Financial System and its Development, formulation of contracts in Islamic financial products, Financial Fiqh, Maqashid Syariah, Akad, and Modification of Contracts in the Creation Regulations and Important Aspects in the Development of Islamic Financial Products.

Recommended or required

reading and other learning resources/tools

  • Amir Syarifuddin. Ushul Fiqh I. Prenada. Jakarta
  • Amir Syarifuddin. Ushul Fiqh II. Prenada. Jakarta
  • Billah, Muhd. Ma’sum. 2003. Modern Financial Transaction Under Shari’ah. Petaling Jaya Malaysia: Ilmiah Publisher Sdn. Bhd.

·        Karim, Helmi. Fiqh Muamalah. Jakarta: RajaGrafindo Persada. 2002.

Planned learning activities and teaching methods

 Collaborative learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test and Assignments

Course unit title

Economics and Management ZISWAF II

Course unit code

EKP318

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Dr Tika Widiastuti

Dr Sri Herianingrum

Dr Mey Indri Hapsari

Drs Suherman Rosyidi

Denizar Abdurrahman Mi'raj, S. EI, M.SEI

Learning outcomes of the course unit

After studying this course, students are expected to understand Islamic teachings related to zakat, infaq, sadaqah and waqf, understand ZISWAF in macro and micro views, economic development, and understand ZISWAF in institutions management and regulations.

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 EKT305; EKP316

Course content

This course is a continuation of economics and management ZISWAF I, which provides students with the provision to study the economics of zakat, infaq, sadakah and waqf in the context of macro, micro, and economic development. Topics in this course include, for example: ZISWAF as tools of poverty alleviation, empowerment through ZISWAF, and Zakat and its macroeconomic influence and zakat development in Indonesia..

Recommended or required

reading and other learning resources/tools

  • Indonesia Zakat Development Report:Zakat dan Pemberdayaan/Harry Azar Azis,Tika Wdidiastuti, Imron Mawardi dkk .2017.Airlangga University Pers
  • Belabes, Abderrazak. "The Limits of Indicators of Wealth and Poverty through the Prism of a Systemic Approach of Zakatable Assets." International Journal of Zakat 5.1 (2020): 1-14.
  • Yusuf, Aliyu Olugbenga, Bello Yerima, and Grace Ape. "Evaluation of Development in Zakat Literature." International Journal of Zakat 5.1 (2020): 29-43.

·        Kidwai, Azim, and Mohamed El Mehdi Zidani. "A New Approach to Zakat Management for Unprecedented Times." International Journal of Zakat 5.1 (2020): 45-54

Planned learning activities and teaching methods

 Collaborative learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test and Assignments

Course unit title

Islamic Monetary Economics II

Course unit code

MNK402

Type of course unit (compulsory, optional)

optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

 

Year of study when the course unit is delivered

(if applicable)

 

Semester/trimester when the course unit is delivered

 6

Number of ECTS credits allocated

 4.8

Name of lecturer(s)

Prof Dr Raditya Sukmana,SE,MA

 Eko Fajar Cahyono,SE,ME

 Lina Nugraha Rani,SE,MSEI

 Denizar Abdurrahman Mi'raj, S.EI, M.SEI

Learning outcomes of the course unit

Students can analyze Islamic monetary with the real sector of a country

Mode of delivery (face-to-face, distance learning)

Face-to-face, distance learning

Prerequisites and co-requisites (if applicable)

 EKM351, EKT305

Course content

This Islamic Monetary Economics II will highlight the role of Islamic monetary in the real world. To begin, it is necessary to first consider the role of traditional monetary systems. Students must also be able to investigate current Islamic monetary issues.

Recommended or required

reading and other learning resources/tools

  • Peie, Noraini, et al. "Can gold dinar replace fiat money as currency?" Journal of Emerging Economies and Islamic Research 5.3 (2017): 63-71.
  • Santoso, Bedjo, Ahamed Kameel Mydin Meera, and Khaliq Ahmad. "Is Gold Dinar the Appropriate Money in Islam?" Journal of Islamic Finance 176.5872 (2017): 1-18.
  • Ghazali, Mohd Fahmi, Hooi Hooi Lean, and Zakaria Bahari. "Sharia compliant gold investment in Malaysia: Hedge or safe haven?" Pacific-Basin Finance Journal 34 (2015): 192-204.
  • Cheong, Calvin WH. "The Islamic gold dinar: a hedge against exchange rate volatility." Managerial Finance (2018).

·        Ibrahim, Mansor H. "Monetary dynamics and gold dinar: an empirical perspective." Journal of King Abdulaziz University: Islamic Economics 19.2 (2006).

Planned learning activities and teaching methods

 Collaborative learning

Language of instruction

Bahasa

Assessment methods and criteria

Mid Test, Final Test and Assignments