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